Middle Eastern Oil Producers Build Pipelines Bypassing Strait of Hormuz Amid Iranian Threats

Middle East oil producers are developing pipeline projects to reduce reliance on the vulnerable Strait of Hormuz. Analysts, however, warn that these pipelines remain susceptible to low-cost attacks by Iran similar to those targeting tankers in the strait.

By Spencer Kimball · CNBC ·

Middle Eastern Oil Producers Build Pipelines Bypassing Strait of Hormuz Amid Iranian Threats

Tickers: $GS

Topics: Iran tensions Middle East oil pipelines Strait of Hormuz U.S. foreign policy

Read the full article at CNBC

More World news