Cargo ships
UAE Planning Third Oil Pipeline To Bypass Hormuz Chokepoint Mess
UAE Planning Third Oil Pipeline To Bypass Hormuz Chokepoint Mess The United Arab Emirates currently operates one crude export pipeline that bypasses the Strait of Hormuz and announced earlier this year that it was building a second. A third pipeline is reportedly being planned to further expand crude capacity and reroute energy flows around Hormuz, reducing exposure to Iranian disruption and weakening Tehran's leverage over the critical maritime chokepoint.Bloomberg reported Wednesday morning that Abu Dhabi’s state-owned energy giant, Abu Dhabi National Oil Co., is weighing plans