UAE Plans New Oil Pipeline to Bypass Strait of Hormuz by 2027

The United Arab Emirates is constructing a new oil pipeline to bypass the Strait of Hormuz, with plans to commence operations by 2027. According to Odaily, a statement from the country's media office indicates that upon completion, the oil export capacity of the Abu Dhabi National Oil Company (ADNOC) via the Port of Fujairah will double, aiding in meeting global market demands.