New pipelines and road and rail networks to be developed as part of strategy, Minister of Foreign Trade says

The UAE is fast-tracking a second oil pipeline to Fujairah to double its Strait of Hormuz bypass capacity by 2027, with implications for energy and crypto

As the world awaits the full reopening of the Strait of Hormuz following the signing of an interim peace deal between Iran and the US, the United Arab Emirates is w…

New pipelines and road and rail networks to be developed as part of strategy, Minister of Foreign Trade says

The United Arab Emirates is working on a major plan to eliminate its dependence on the Strait of Hormuz after the recent closure of the critical waterway exposed the vulnerability…

The UAE said it is moving to expand overland routes to completely eliminate its reliance on the Strait of Hormuz.

Die Emirate wollen unabhängig von der Straße von Hormus werden, erklärt der Außenhandelsminister. Geplant seien etwa Investitionen in neue Pipelines und Häfen.