“It’s Not What It Was Anymore”: Trump Downplays the Strait of Ormuz and Highlights New Routes that Could Change Global Oil Transport
5 Articles
5 Articles
As Trump explained, several pipeline projects are currently being developed in the region that could allow crude oil to reach international markets without going through the strait.
REPUBLIKA.CO.ID, WASHINGTON - United States (US) President Donald Trump claims the Strait of Hormuz will diminish in importance in the future. Trump believes this will happen with the operation of new pipelines and the development of...
JPNN.com - WASHINGTON - United States President Donald Trump said a number of alternative oil transportation routes in the Middle East are being built.
Trump Says Syria Pipeline Will Reduce Oil Dependence on the Strait of Hormuz
Turkish experts believe an oil pipeline through Syria would be difficult to replace the Strait of Hormuz due to high costs, security concerns, and a lack of investors.
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