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View: The gold rush is on to build Gulf energy projects

Summary by Semafor
Tim’s viewWith the number of drones and missiles flying toward energy infrastructure in the Gulf these days, it might seem like a strange time to pour capital into that sector, in that region. But a gold rush is shaping up to profit from new workarounds to the Strait of Hormuz.A group of US and Saudi investors said Wednesday they’re closing in on a site for a $5 billion oil refining complex. It will be somewhere in the Gulf region, but outside t…

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Semafor broke the news in New York, United States on Thursday, July 30, 2026.
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