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Can Chevron’s New Pipeline Fix The Hormuz Strait Bottleneck?

DeFi Daily News by DeFi Daily News
August 21, 2026
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A multi-billion dollar race to build new pipelines, ports, and export terminals is underway in the Persian Gulf. Industry analysts and companies like Chevron see a chance to recover export capacity with new routes to Mediterranean sea. These alternatives come with limitations that could reshape the global flow of oil. CNBC’s Pippa Stevens reports.

Reporter: Pippa Stevens
Produced and Edited by: Carlos Waters
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Additional Footage: Getty Images

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7 Alternative Routes To The Strait Of Hormuz

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Tags: Bab El-MandebBaniyasBasraBottleneckBrent Crudebusiness newsCeyhanChevronChevronscnbcCrude OilDarren WoodsDonald Trumpenergyenergy infrastructureexport terminalexxon mobilFixFujairahGeopoliticsglobal tradeGoldman SachsHormuzinfrastructureinternational tradeIraniran warIraqKplerLogisticsmaritime chokepointsOiloil pipelinepipelineportportssaudi arabiashippingstate departmentStraitsyriaTI CapitaltradeTurkeyUCC Holdingsunited arab emirates
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