Gulf energy infrastructure faces long, costly repairs

Gulf energy infrastructure faces long, costly repairs

The key to returning to normal production remains the reopening of the Strait of Hormuz. But even a reopening of the waterway would not allow an immediate return of all barrels to the market.

24 March 2026 - As the Strait of Hormuz closes and diplomatic expulsions mount, the Gulf faces a reckoning it spent years trying to avoid