Around the Persian Gulf, governments are pouring billions into new oil pipelines, rail corridors and energy-storage hubs to bypass the waterway, in what is set to become one of the most durable outcomes of the Iran war. The new energy links are part of a broader redrawing of the region’s logistics map, shifting trade toward trucking, rail and new ports, the WSJ’s Georgi Kantchev and Julia Nasser write.

The Strait of Hormuz remains the most economical export route, analysts say. But even if Washington and Tehran reach a deal to reopen the strait, the shift toward an export network with multiple exits will endure. The shift toward alternative routes is already visible:

• Saudi Arabia is now running its East-West pipeline at full capacity—around 7 million barrels a day—up from roughly 2 million barrels a day before the war.
• The U.A.E. rerouted some of oil exports via pipeline to a port outside the strait, and in May, Abu Dhabi said it would accelerate plans for a second pipeline along the route.
• Oman is marketing its ports in the Gulf of Oman—beyond the Strait of Hormuz—as oil storage and export hubs.
• Gulf nations are also discussing accelerating a long-planned railroad project connecting countries in the region that would offer another way to move fuel and commodities away from the strait.

The parasite's appearance, however, comes as the beef industry is already under pressure. The American cattle herd is at its smallest since the 1950s, as ranchers have struggled with rising costs and drought.

The latest outbreak began in Panama in 2023, and the flies pushed through Central America into Mexico in late 2024. Livestock trade has been suspended between ports at the southern border since July of last year, but U.S. ranchers have still been bracing for the screwworm’s appearance.

The U.S. beef supply is resilient, however, with no material impact on supply chains or markets expected, according to Jeff Simmons, CEO of Elanco Animal Health, which makes treatments to manage the parasite. Peers Zoetis and Merck also produce treatments and may be poised to benefit, Mackenzie Tatananni of Barron’s writes.

• U.S. jobless claims rose to 225,000 in the week through May 30, up from 212,000 a week earlier. (WSJ)
• Eurozone retail sales fell more than expected in April as rising energy prices continued to erode consumer spending power. (WSJ)
• The Irish economy contracted 12.1% in the first three months of the year, led by a decline of more than one-third in factory output. (WSJ)
• Foxconn Technology Group and Intel are partnering to develop AI infrastructure for data centers. (WSJ)
• A federal appeals court granted a Justice Department request to suspend a judge’s order for the head of Customs and Border Protection to testify about the Trump administration’s handling of tariff refunds. (Bloomberg)
• President Trump signed an executive order to raise bonding requirements for importers of record, require them to show they aren’t shell companies and increase scrutiny of foreign importers. (Journal of Commerce)
• Amazon said it would invest over $11.6 billion to expand European fulfillment centers, increase automation and train workers. (SupplyChain24/7)
• A global supply deficit of nickel looms amid uncertainty over export policy in top producer Indonesia and as sulfur-supply disruption threatens production. (Nikkei Asia)
• BNSF Railway launched a program aimed at filling westbound international containers that would otherwise return to West Coast ports empty. (TrainsPRO)

Mark R. Long is editor of WSJ Logistics Report. Reach him at mark.long@wsj.com. Follow the WSJ Logistics Report team on LinkedIn: Mark R. Long, Liz Young and Paul Berger.