CNBC
US · 2 hrs ago
✦ 78◉ Centre
UAE fast tracks second West-East oil pipeline to bypass Strait of Hormuz
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Credibility 78/100
Partisan intensity 25/100
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◉ Centre ✓ Fair headline
The UAE is accelerating development of a second oil pipeline running west to east across its territory to reduce dependence on shipping through the Strait of Hormuz amid global energy supply constraints.
UAE fast tracks second West-East oil pipeline to bypass Strait of Hormuz
The second pipeline project comes as global energy supplies remain under pressure and flows through the Strait of Hormuz remain severely limited
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