UAE fast-tracks second pipeline to double exports around Strait of Hormuz

The United Arab Emirates revealed that it was constructing a second pipeline to double its ability to export oil around the Strait of Hormuz.

Iran’s blockade of the Strait of Hormuz exposed the fragility of the Gulf States’ oil export infrastructure, grinding their ability to export the lifeblood of their economies to a halt. Aiming to reduce its reliance on the key waterway, the UAE revealed on Friday that it was fast-tracking construction of a second pipeline through its territory to circumvent the strait.