The Gulf and the Strait of Hormuz will not be the same after the Middle East conflict ends, Türkiye's trade chief said on Friday, as countries accelerate efforts to diversify strategic supply chains for energy and other critical goods.
The Iran war, unleashed on Feb. 28 by Israel and the United States against Iran, has caused the biggest energy supply disruption ever after triggering a blockade in the Strait of Hormuz, bottling up a fifth of global oil and gas supply.
"Countries will always consider alternative routes for their strategic supplies, vital energy sources, and other essential procurements, and will look to take action accordingly," Turkish Trade Minister Ömer Bolat told an event in Istanbul.
He said the "single route" approach in global trade has come to an end, adding that Türkiye's flexible logistics capacity enables it to adapt to different scenarios and secure flows.
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