A 100-year-old Levant pipeline bypassed the Gulf chokepoint. With tankers halted and prices soaring in 2026, an abandoned route could be key to energy security.An aerial view of the Iranian shores and the island of Qeshm in the Strait of Hormuz on Dec. 10, 2023. STR/Reuters3/17/2026|Updated: 3/17/2026CommentaryThe narrow Strait of Hormuz has long been the world’s most precarious energy artery. At its tightest point—about 21 miles across—roughly 20 million barrels of oil per day flow through, accounting for around 20 percent of global oil consumption and about 25 percent of seaborne oil trade.
26
C
Ottawa
Tuesday, August 4, 2026
The Alliance Press is the world leader in online chained news and information and seeks to inform, engage and empower the world. We expose the information that wasn't known before or current events broadcast over the radio, television, online or in print media. Our content is now available through your mobile phone. No matter where your on-the-go lifestyle takes you, TAP brings the news directly to you.
More from CN
Contact
© The Alliance Media Group design by CODEUS