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The Board · Verdict CardMar 14, 2026
Energy
5 Pipelines Bypass Hormuz — None Are Enough
The East-West Pipeline, Habshan-Fujairah, Goreh-Jask, Kirkuk-Ceyhan, and IPSA together move less than a third of Hormuz's 21 mb/d. Here's the full infrastructure breakdown.
Risk
medium
Confidence
75%
Depth
3,708
Read
15 min
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