Dubai plans a new port to bypass the Strait of Hormuz as the UAE races to eliminate dependency on the world's most vulnerable oil shipping chokepoint.

DP World is planning to develop a new port and a container terminal on the United Arab Emirates' east coast in a move aimed at reducing Dubai's reliance on its flagship Jebel Ali…

Dubai plans a new port to bypass the Strait of Hormuz as the UAE races to eliminate dependency on the world's most vulnerable oil shipping chokepoint.