Oil and gas producers in the Gulf are seeking alternatives to the Strait of Hormuz as traffic again comes under fire. But is Iran also turning its attention to the pipelines meant to bypass the waterway?
Oil and gas exports from the Gulf face renewed disruption as fighting between the US and Iran intensifies. For both countries control of the Strait of Hormuz is key.
Over the past months, Iran has shown that it can control or at least disrupt the strait, says Guntram Wolff, a senior fellow at Bruegel, a think tank, and a professor of economics at the Free University in Brussels.
"Several months of bombing campaigns have not undone Iran's ability to control the Strait of Hormuz," said Wolff, leaving the US with the challenge of trying to get the upper hand.
(read more in dw.com)
