Business
UAE Accelerates Oil Pipeline Project to Bypass Strait of Hormuz
The United Arab Emirates is fast-tracking a new West-East pipeline to double oil export capacity through Fujairah by 2027.
Topic
The United Arab Emirates is fast-tracking a new West-East pipeline to double oil export capacity through Fujairah by 2027.
Analysts and advocates warn that windfall profits for the oil and gas sector resulting from the conflict with Iran could incentivize fossil fuel expansion and hinder the energy transition.