Hormuz Halt Forces Middle East Trade Into Huge Rewiring

Hormuz Halt Forces Middle East Trade Into Huge Rewiring

In the wake of the 12-day US-Israel and Iran war a year ago, Siemens Energy AG sent a person driving from Saudi Arabia’s Red Sea port of Jeddah across the Arabian peninsula to the industrial hub of Dammam to study an alternative route in case the crucial Strait of Hormuz was shut down.

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