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Articles and Tweets Tweets - Michael Novakhov (@mikenov) / Twitter

RT by @mikenov: RT by @mikenov: Gulf states are accelerating alternative export routes as the Strait of Hormuz crisis becomes the new normal. The UAE is expanding Fujairah and Khor Fakkan ports along with the ADCOP pipeline, while Saudi Arabia is boosting capacity through the Petroline pipeline and Yanbu on the Red Sea. Even at full capacity these routes can handle only 9–11 million barrels per day compared with the 15–21 million that once passed through Hormuz. Kuwait, Qatar, Bahrain and southern Iraq remain almost entirely dependent on the strait.