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Building beyond Hormuz

Gulf states adapt to prolonged disruption in the Strait of Hormuz, Israel's defense exports hit a record high, and a proposed $300 billion investment fund offers a new angle on US-Iran diplomacy.

A drone view of vessles anchored in the Strait of Hormuz as seen from Musandam, Oman, June 3, 2026. REUTERS/Stringer

Welcome back to AL-MONITOR Business & Tech.

This week, we look at how Gulf governments continue to adapt to the severe disruption of maritime traffic in the Strait of Hormuz as the ceasefire between Iran and the United States fails to hold. Meanwhile, new data showed Israel's defense exports climbed to a record high in 2025. We also examine a proposed $300 million US-backed postwar investment fund for Iran and whether it is likely to move the dial in negotiations between the two sides. 

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