AxiosCenter·
The push to bypass the Strait of Hormuz
Data: Global Energy Monitor, Axios research; Map: Danielle Alberti/Axios The oil market's top players aren't waiting around to see who winds up with control over the Strait of Hormuz — countries and companies are scrambling to bypass the waterway. Why it matters: The Iran war threw a spotlight on the strait as the longtime center of the global energy trade, and the industry now has a huge incentive to reduce its dependence , regardless of the war's outcome. "The 2026 U.S.-Iran war and Strait of…
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