Israel proposed a $10 billion oil pipeline to bypass the Strait of Hormuz. WTI reaching $110 in July 2026 priced at 0.7% YES.

Saudi Arabia is considering expanding its Red Sea pipeline to bypass the Strait of Hormuz. WTI reaching $110 in July 2026 at 0.7% YES.

Israel proposed a $10 billion oil pipeline to bypass the Strait of Hormuz. WTI reaching $110 in July 2026 priced at 0.7% YES.

Israel already has existing infrastructure with a pipeline between Eilat and Ashkelon, but infrastructure would be needed to connect Arab countries if they were willing.

After five months of war, tanker disruptions, and Iranian threats to commercial shipping, Gulf producers are treating the Strait as a liability to be reduced.