Gulf States Set for Debt Binge to Build Routes Avoiding Hormuz

Traders are preparing for a spike in borrowing from Persian Gulf nations as the region’s oil exporters seek financing to build costly bypasses around the Strait of Hormuz.

By Abhinav Ramnarayan · Bloomberg Markets

Traders are preparing for a spike in borrowing from Persian Gulf nations as the region’s oil exporters seek financing to build costly bypasses around the Strait of Hormuz.