I am currently writing a research paper on global energy security and keep hitting a wall regarding the Middle East. My primary concern is the terrifying reliance the world has on the Strait of Hormuz, as even a minor disruption there could instantly paralyze international markets. I need some expert insight into why bypass pipelines through Saudi Arabia or the UAE haven't fully solved this vulnerability yet.
And here is what interests me:
\- Why is the Strait of Hormuz still the only viable route for the massive volume of LNG shipments compared to oil?
\- Are the geological costs of building a canal through the Arabian Peninsula simply too high?
\- How much does regional political tension prevent a truly unified alternative to the Strait of Hormuz from being built?
\- Which existing pipelines currently offer the most realistic backup plan during a crisis?
Why hasn’t anyone successfully created an alternative to the Strait of Hormuz?
byu/Adventurous_Ebb7614 inAskEconomics
Posted by Adventurous_Ebb7614