The UAE's Hormuz Workaround: A Patchwork Solution for a Perennial Problem The United Arab Emirates' (UAE) latest effort to bypass the volatility of the Strait of Hormuz has sparked both hope and skepticism among analysts.
By investing heavily in new ports along its Gulf of Oman coastline, Abu Dhabi is attempting to insulate itself from the perennial risks associated with the strategic waterway.
At first glance, the UAE's plan appears savvy. Duqm, Salalah, and Sohar are experiencing a renaissance, attracting shipping lines, investors, and billion dollar free zone deals.