The United Arab Emirates will build a new oil pipeline bypassing the Strait of Hormuz by 2027.
ME News message: On May 15 (UTC+8), the United Arab Emirates is building a new oil pipeline to bypass the Strait of Hormuz. The pipeline is planned to be operational by 2027. According to a statement from the UAE Media Office, after Abu Dhabi National Oil Company (ADNOC) completes this project, oil export capacity through the Port of Fujairah will double, helping meet global market demand. (Source: MLion)