The US and Iran continue tit-for-tat strikes over the vital shipping route while a fifth of the world’s oil supply remains at a standstill. But Gulf countries have been looking towards alternatives for a more independent future, Maira Butt reports

DP World is planning to develop a new port and a container terminal on the United Arab Emirates' east coast in a move aimed at reducing Dubai's reliance on its flagship Jebel Ali…

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.