Oman-UAE trade corridor will bypass blocked Strait of Hormuz

The UAE emirate of Sharjah and Oman have launched a new sea-and-land logistics corridor to diversify Gulf trade routes amid the Strait of Hormuz blockade.

The arrangement allows goods to cross borders more easily, giving access to Oman’s east coast ports of Sohar, Duqm and Salalah, The National reports.

Since the outbreak of the Iran war, Gulf countries have ramped up trucking routes to allow free movement of goods via alternative routes.

Dubai’s new “green corridor” with Oman has become a vital trade artery, with customs declarations surging from 12,000 in March to almost 100,000 in April.