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.

Saudi crude flows rebound via Hormuz as tankers brave Iran warnings, even while overall commercial shipping and AIS-visible traffic remain far below pre-war levels.

Saudi Arabia is considering expanding its crude oil pipeline capacity. This move aims to bypass the Strait of Hormuz for exports. Neighbouring countries like Kuwait are also in…