Oil
UAE Mulls 3rd Crude Oil Pipeline to Avoid Hormuz
CEII brief
Rigzone reported on 4 Nov 2026: UAE Mulls 3rd Crude Oil Pipeline to Avoid Hormuz.
Read the full story on RigzoneThe United Arab Emirates is considering a third oil-export pipeline that will deliver crude outside the Strait of Hormuz, according to people familiar with the matter.
Context from CEII
Crude benchmarks move budgets, currencies and inflation in producer and importer countries alike. For economies such as Nigeria, where fuels dominate exports, production and refining decisions move the whole economy.
68.2% of United Arab Emirates’s merchandise exports were fuels in 2023Countries in this story
Original reporting © Rigzone. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
