STATEMENT✓ 2 SOURCES
Gulf states accelerate infrastructure investment to bypass Strait of Hormuz. Saudi Arabia and UAE expand Red Sea/Fujairah ports; Kuwait, Iraq pursue alternative pipelines and railways to reduce chokepoint dependency amid Iran tensions.
📍 Dubai, United Arab Emirates · Saudi Arabia / UAE / Kuwait / Iraq (Joint Economic Initiative) · 2026-08-28 · Confirmed by multiple sources · confidence 7.0
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