An engineer from the energy giant Saudi Aramco at the Yanbu refinery, in the Medina province, on Jan. 16, 2011. (Credit: Joe Lynch/AFP)
While the closure of the Strait of Hormuz by Iran sends shockwaves around the globe, its effects are especially keenly felt in Gulf countries and Iraq, which remain highly dependent on hydrocarbon export revenues. Amid this abrupt chokehold, regional states are striving to redirect their energy flows, but quickly run up against the limits of available solutions. Zoom out Hormuz, Kharg, Bandar Abbas: American military options against Iran widen Limited alternativesFrom the earliest days of the war, oil pipelines and port terminals that had long been sidelined have regained strategic importance. But these alternatives, once considered marginal, are now being put to the test. "Alternative routes are a valuable fallback solution, but they cannot fully make up for the volumes lost via the Strait of Hormuz," explains Jamie...
While the closure of the Strait of Hormuz by Iran sends shockwaves around the globe, its effects are especially keenly felt in Gulf countries and Iraq, which remain highly dependent on hydrocarbon export revenues. Amid this abrupt chokehold, regional states are striving to redirect their energy flows, but quickly run up against the limits of available solutions. Zoom out Hormuz, Kharg, Bandar Abbas: American military options against Iran widen Limited alternativesFrom the earliest days of the war, oil pipelines and port terminals that had long been sidelined have regained strategic importance. But these alternatives, once considered marginal, are now being put to the test. "Alternative routes are a valuable fallback solution, but they cannot fully make up for the volumes lost via the Strait of Hormuz," explains Jamie...
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