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France 24
France 24
Sharon GAFFNEY

Can Hormuz be bypassed? Past shows commercial viability may simply not be there, analyst says

Donald Trump Sharon Gaffney United States Atlantic Council G7 Economics France Middle East Oil the Strait of Hormuz
Cover image: A PROPOS © FRANCE 24

On Tuesday, leaders at the G7 summit in Evian-les-Bains were seeking to identify alternative routes to bypass the Strait of Hormuz, which US President Donald Trump said would be "completely open" on Friday. Speaking with FRANCE 24's Sharon Gaffney, Maisoon H Kafafy, Senior Advisor to the Atlantic Council's Middle East programme, says that in previous instances of oil supply disruptions "the commercial viability [of building alternative infrastructure] was simply not there and the economics of the upfront investment into these projects were perhaps too large to justify".

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