How Gulf states are rebuilding trade routes around the Strait of Hormuz

Dean Mikkelsen, a Canadian living abroad and founder of the website Power & Corridors, joins The Hub from Abu Dhabi to unpack the tentative U.S.-Iran agreement and what it could mean for the future of the Strait of Hormuz. While markets have welcomed signs of de-escalation, he argues the real story is how Arabian Gulf countries are rapidly building alternative pipelines, rail networks, ports, and trade corridors to reduce their dependence on a single energy chokepoint. Mikkelsen also explains why disruptions to LNG, fertilizer, and shipping insurance markets could have longer-lasting impacts on global trade and food prices than on oil itself. The Hub is Canada’s fastest-growing independent digital news outlet.Subscribe to our YouTube channel to get our latest videos: https://www.youtube.com/@TheHubCanadaSubscribe to The Hub’s podcast feed to get our best content when you are on the go:https://tinyurl.com/3a7zpd7e (Apple) https://tinyurl.com/y8akmfn7 (Spotify) Want more Hub? Get a FREE 3-month trial membership on us: https://thehub.ca/free-trial/Follow The Hub on X: https://x.com/thehubcanada?lang=en CREDITS:Falice Chin - Host, Producer, and Editor  Hosted on Acast. See acast.com/privacy for more information.