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The Gulf states are considering expanding their oil pipelines beyond the Strait of Hormuz in a bid to bypass dependence on the crucial Persian Gulf waterway for exports, The Financial Times reported on Thursday morning.
One of the main options examined reportedly includes a trade route that would connect the Arabian peninsula with the Mediterranean through the port of Haifa.
According to the report, Saudi Arabia has been the only Gulf state to maintain a steady flow of oil exports amid the war, mainly thanks to the East-West pipeline, which…