
Environment and Energy
UAE Will Double Oil Export Capacity Bypassing Hormuz by 2027
The United Arab Emirates will double its crude oil export capacity bypassing the Strait of Hormuz by next year through pipeline expansion to Fujairah port. Abu Dhabi National Oil Co. currently operates a 1.5 million barrel-a-day conduit and plans to boost overall capacity to 5 million barrels a day. The acceleration follows Iran's closure of Hormuz and the UAE's exit from OPEC, enabling greater market flexibility amid Middle East conflict disruptions.









