cross-posted from: https://lemmy.world/post/48074143

I truly wonder if, with the billions lost, the UAE & GCC countries are really going to build a canal to bypass the Strait of Hormuz.

There has apparently already been a plan for this collecting dust. With the current problems, $50B+ doesn't sound so bad anymore: https://en.wikipedia.org/wiki/Arabian_Canal

Although likely pipelines would be the preferred short/mid-term solution.