How Abu Dhabi's Crown Prince Is Trying to Bypass Hormuz

Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed Al Nahyan now leads a $300 billion sovereign wealth fund central to building infrastructure to bypass Iran's control over the Strait of Hormuz. The fund is expected to spend tens of billions more on new port infrastructure outside the strait, according to people familiar with the matter, as reported by Bloomberg's Alex Dooler.