Gulf states, Iraq pivot to Hormuz alternatives to secure trade routes

Ongoing tensions in the Strait of Hormuz are prompting Gulf states and Iraq to accelerate development of alternative trade and energy corridors, including Iraq's Faw Port and the Development Road project. The shift reflects a strategic effort to diversify supply chains and reduce dependence on the strait, though the projects remain in early stages and face significant implementation hurdles. This marks a notable regional reorientation toward economic security through infrastructure diversification.