Goldman Sachs finds 60% of Gulf oil exports could bypass the Strait of Hormuz by 2028 as Saudi and UAE pipeline capacity hits 4.7 million bpd.

Dubai plans a new port to bypass the Strait of Hormuz as the UAE races to eliminate dependency on the world's most vulnerable oil shipping chokepoint.

Gulf producers are increasingly relying on alternative routes to keep crude moving as shipping disruptions expose the risks of depending on the Strait of Hormuz.