UAE Fast-Tracks Second Oil Pipeline to Bypass Strait of Hormuz
The post UAE Fast-Tracks Second Oil Pipeline to Bypass Strait of Hormuz appeared on BitcoinEthereumNews.com. UAE to complete a second oil pipeline by 2027, bypassing the Strait of Hormuz, doubling its capacity to 3.6M bpd. This stems from an ongoing 11-week Strait of Hormuz blockade and comes weeks after the UAE exited OPEC. This will allow a huge export flexibility outside the chokepoint amid tensions over production policies. The United Arab Emirates (UAE) is fast-tracking a major oil pipeline to Fujairah, aiming to bypass the Strait of Hormuz by 2027 and double its export capacity from 1.8 million barrels per day (bpd) to approximately 3.6 million barrels per day. The move, driven by an ongoing 11-week Strait of Hormuz blockade, is designed to secure crude exports, stabilize global energy flows, and reinforce the UAE’s position as a resilient and independent oil exporter. UAE to Complete a Second Major Oil Pipeline by 2027 On May 15, 2026, according to sources, the United Arab Emira