UAE announces accelerated pipeline construction to bypass Strait of Hormuz

The UAE has announced accelerated construction of a new oil pipeline to bypass the Strait of Hormuz, aiming to double its export capacity through Fujairah by 2027. This move is driven by concerns over transit through the Strait of Hormuz amid heightened geopolitical tensions and seeks to bolster the UAE's energy security. The pipeline will significantly increase UAE and Saudi Arabia's crude exports from the Gulf of Oman.