In this Just the News article, Kevin Killough reports that the United Arab Emirates is speeding up construction of a new oil pipeline designed to reduce dependence on the Strait of Hormuz.
- The UAE plans to accelerate construction of a new oil pipeline that would double the country’s export capacity by 2027.
- Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed reportedly directed the state-run Abu Dhabi National Oil Company to fast-track the project.
- The pipeline is already under construction and is now expected to be operational by 2027.
- The project would significantly increase the UAE’s ability to bypass the Strait of Hormuz, one of the world’s most strategically important oil chokepoints.
- The Strait of Hormuz carries roughly 20% of global crude oil flows, along with major volumes of petrochemicals and natural gas.
- The article frames the project against the backdrop of severe restrictions in the Strait since the U.S.-Israeli war in Iran began on Feb. 28.
- Those restrictions have reportedly helped send oil and petrochemical prices sharply higher.
- The move underscores a hard lesson for global energy markets: countries that control physical infrastructure and secure routes have leverage, while those dependent on chokepoints remain vulnerable.
Read the full story: https://justthenews.com/politics-policy/energy/uae-accelerating-construction-pipeline-will-expand-its-ability-bypass-strait
