Middle Eastern oil exporters are scrambling to find alternatives after the Strait of Hormuz was effectively shut, disrupting a route that once carried about 20 percent of global oil, according to a report by CNBC.
The report said the ongoing U.S.-Iran conflict has exposed deep vulnerabilities in global energy supply chains. Analysts warned that existing alternatives, such as pipelines in Saudi Arabia and the UAE, lack the capacity to replace Hormuz volumes.
Oil exporters scramble for routes beyond Hormuz — but options are constrained https://t.co/CDQj7bzl4D
— CNBC International (@CNBCi) April 23, 2026
According to the International Energy Agency, bypass routes can handle only a fraction of the roughly 20 million barrels per day previously transported through the strait. Attacks on infrastructure have further complicated efforts.
Experts cited in the report said the crisis is forcing Gulf states to rethink long-term export strategies and invest in new routes. However, high costs, security risks and political hurdles mean solutions will take time.
The report said global markets remain vulnerable to prolonged disruption.
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TIPP Staff
