Qatar rules out Hormuz pipeline bypass and reshapes its sovereign wealth strategy
- Hormuz: 119 events in the last 90 days
- Previous: earlier the same day · Iran issues warning after 'learning US plans to resume action' following Strait of Hormuz update
What happened
Qatar said a gas pipeline to bypass the Strait of Hormuz would make no economic sense. It also launched a new investment platform to manage QIA’s domestic holdings and outlined more than $60bn in investment opportunities, in a major reshaping of its sovereign wealth strategy.
Summary assembled by rule from the sources below