Hormuz-bypass crude pipeline halfway complete and set for 2027, as Iran’s blockade disrupts shipping; Al Jaber warns oil flows may take at least four months after ceasefire to recover to 80% of prewar levels

The UAE is to fast-track construction of a new oil pipeline bypassing the Strait of Hormuz, official media said on Friday, after the Middle East war crippled exports through the…

Die Blockade der Straße von Hormus trifft Erdölländer wie die Vereinigten Arabischen Emirate hart. Eine neue Pipeline soll helfen, sich davon zu lösen. Sie wird offenbar früher…