12 Hrs
Source:
العربية
US Treasury: Hormuz to decline in importance
Bisent company has reported that up to 70% of energy is transported via pipelines rather than through the Strait of Hormuz, in an effort to reduce dependence on transit through this sensitive area and to diminish the risk of supply disruptions caused by tensions or military operations. The company is working to strengthen the energy pipeline network to offer alternative options for transporting oil and gas, thereby contributing to more flexible and sustainable global energy supplies.
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