Can Hormuz be bypassed? Past shows commercial viability may simply not be there, analyst says
Can Hormuz be bypassed? Past shows commercial viability may simply not be there, analyst says
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On Tuesday, leaders at the G7 summit in Evian-les-Bains were seeking to identify alternative routes to bypass the Strait of Hormuz, which US President Donald Trump said would be “completely open” on Friday. Speaking with FRANCE 24’s Sharon Gaffney, Maisoon H Kafafy, Senior Advisor to the Atlantic Council’s Middle East programme, says that in previous instances of oil supply disruptions “the commercial viability [of building alternative infrastructure] was simply not there and the economics of the upfront investment into this projects were perhaps too large to justify”.
