One thing that sticks with me: The Hormuz shutdown woke up the entire region to the fact that the Iranian regime is a hostage taker. The Iranian regime "broke glass in case of emergency," but now the reputational damage is permanent.
Iran's neighbors wanted a speedy end to fighting because they weren't ready to handle the redistributed shipping load, but now they're going to work to make sure that they're not vulnerable to disruption in case the IRGC does this again.
Saudi Arabia and UAE are going to accelerate investment in bypass capacity.
- More Saudi pipeline capacity to Yanbu
- More UAE pipeline capacity through Fujairah
- More Red Sea ports
- Larger strategic petroleum reserves
- Increased naval cooperation
Also, Saudi Arabia should normalize with Israel, then build a pipeline from Yanbu to Ashkelon.