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Pipelines and Ports: Iran War Spurs Gulf Infrastructure Investment

Pipelines and Ports: Iran War Spurs Gulf Infrastructure Investment

World Maritime
Pipelines and Ports: Iran War Spurs Gulf Infrastructure Investment

By Federico Maccioni, Sarah El Safty and Siddarth S

Reuters

DUBAI, Aug 28 (Reuters) – The Iran war’s redrawing of the global trade map is forcing Gulf nations to retool their investment play book, plowing capital into infrastructure, from energy pipelines to ports, to weather the fallout from the conflict.

The war has highlighted the Gulf’s overreliance on the Strait of Hormuz, previously a chokepoint for 20% of global oil flows but also subject for decades to Iranian threats of disruption.

With the strait virtually blocked for much of the past six months, a burst of billions

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