Iran conflict prompts GCC to bypass Strait of Hormuz with new logistics routes
🔴 Tension RisingCrypto Briefing2026-05-13
The GCC states are establishing new logistics routes to bypass the Strait of Hormuz due to the Iran conflict, driven by disruptions and Iranian aggression. This shift reflects a strategic pivot away from reliance on the Persian Gulf and indicates heightened regional tensions. These developments could significantly impact oil markets and increase geopolitical risk.