--- title: "HSBC CEO says Hormuz could become redundant in five years due to Gulf investments in alternative routes" description: "Most outlets led with HSBC CEO Georges Elhedery’s claim that the Strait of Hormuz may become redundant within five years due to Gulf investments in alternative logistics routes. Business Recorder framed the statement as a direct quote, while other excerpts emphasized the broader context of Gulf countries accelerating such investments amid disruptions from the Iran war. No outlets provided additional details beyond the CEO’s remarks or the general trend of infrastructure development." url: https://harzaviya.com/stories/15888-hormuz-could-be-redundant-in-five-years-hsbc site: HarZaviya language: en --- # HSBC CEO says Hormuz could become redundant in five years due to Gulf investments in alternative routes business · updated 21 Oct 2026, 2:38 AM PKT · 20–21 Oct 2026 · 2 articles from 2 outlets **HarZaviya summary** — how 2 outlets covered this, generated automatically from their headlines and excerpts: > Most outlets led with HSBC CEO Georges Elhedery’s claim that the Strait of Hormuz may become redundant within five years due to Gulf investments in alternative logistics routes. Business Recorder framed the statement as a direct quote, while other excerpts emphasized the broader context of Gulf countries accelerating such investments amid disruptions from the Iran war. No outlets provided additional details beyond the CEO’s remarks or the general trend of infrastructure development. ## Same story from 2 outlets Each outlet's own headline, most recent first — read any at its source. - **Business Recorder** — [Hormuz could be ‘redundant’ in five years: HSBC](https://www.brecorder.com/news/40445227/hormuz-could-be-redundant-in-five-years-hsbc) · 21 Oct 2026, 2:38 AM PKT > DUBAI: Investment in alternative logistics routes in the Gulf to mitigate the impact of the Iran war could make the Strait of Hormuz “redundant” in the next five years, HSBC Group Chief Executive Georges Elhedery said on Tuesday. The conflict has highlighted the world’s heavy reliance on the strategic waterway, through which a fifth of global oil and liquefied natural gas trade previously passe... - **Profit** — [Strait of Hormuz could become “redundant” within five years as Gulf develops alternative routes, HSBC CEO says](https://profit.pakistantoday.com.pk/2026/10/20/strait-of-hormuz-could-become-redundant-within-five-years-as-gulf-develops-alternative-routes-hsbc-ceo-says) · 20 Oct 2026, 2:00 PM PKT · 90% identical wording to the newest filing > Gulf countries accelerate investment in energy pipelines and alternative logistics routes as Iran war disrupts trade through strategic waterway ## Part of a bigger story Other stories whose coverage resembles this one, nearest first. "% related" compares whole stories, not single articles — see [what the percentages mean](https://harzaviya.com/methodology). - [Vessel traffic through Strait of Hormuz declines amid US-Iran tensions](https://harzaviya.com/stories/9658-vessels-trickle-through-strait-of-hormuz-as-middle-east) · 21 Sep 2026 · 6 outlets · 72% related - [Hormuz ship crossings hover in single digits, data shows](https://harzaviya.com/stories/3545-shipping-slows-through-strait-of-hormuz-after-tanker-attacks) · 21 Aug 2026 · 4 outlets · 5 developments · 71% related - [Shipping through Strait of Hormuz drops to three vessels on Wednesday](https://harzaviya.com/stories/8362-hormuz-shipping-traffic-remains-below-10-day-average) · 18 Sep 2026 · 4 outlets · 5 developments · 71% related 2 articles from 2 outlets, 20–21 Oct 2026. Headlines and links belong to their outlets — HarZaviya links out and never copies article text. --- HarZaviya compares how Pakistani outlets cover the same story. It stores and shows each outlet's headline and a short excerpt, and links out — it never copies article text, and every headline belongs to the outlet that wrote it. It takes no stance on any outlet. Pages: [Top stories](https://harzaviya.com/) · [Latest headlines](https://harzaviya.com/feed) · [Archive](https://harzaviya.com/archive) · [Why](https://harzaviya.com/why) · [Sources](https://harzaviya.com/sources) · [Methodology](https://harzaviya.com/methodology) · [About](https://harzaviya.com/about) · [About the bot](https://harzaviya.com/about-bot) Trackers: [Gold prices](https://harzaviya.com/gold-prices) · [Fuel prices](https://harzaviya.com/fuel-prices) · [Stock exchange](https://harzaviya.com/stock-exchange) Any page on this site is available as markdown: send `Accept: text/markdown`, or add `.md` to the path.