UAE Mulls Third Crude Oil Pipeline to Avoid Strait of Hormuz

UAE Mulls Third Crude Oil Pipeline to Avoid Strait of Hormuz

The 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, as the country aims to sharply reduce its dependence on the waterway.

The 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, as the country aims to sharply reduce its dependence on the waterway.
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