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Gulf states seen splurging on debt to build new Hormuz bypasses
Persian Gulf nations are preparing to raise more debt to fund ports, pipelines and transport links that reduce reliance on the Strait of Hormuz as the Iran war continues. Bond issuance has already reached a record $112 billion this year, with investors expecting further supply despite strong demand for Gulf sovereign debt.
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apnews.com
Middle East oil producers step up plans to bypass the Strait of Hormuz
Before the war in Iran, roughly 15 million barrels of Persian Gulf oil were shipped each day through the Strait of Hormuz.
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thestar.com
Mideast oil producers step up plans to bypass the Strait of Hormuz
Before the war in Iran, roughly 15 million barrels of Persian Gulf oil were shipped each day through the Strait of Hormuz. Within a few years, much of that oil
