Oil
UAE Weighs Plans for Third Strait of Hormuz Bypass Pipeline
CEII brief
OilPrice.com reported on 4 Nov 2026: UAE Weighs Plans for Third Strait of Hormuz Bypass Pipeline.
Read the full story on OilPrice.comThe United Arab Emirates currently operates one crude export pipeline that bypasses the Strait of Hormuz and announced earlier this year that it was building a second.
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 © OilPrice.com. 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.