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Wednesday, May 20, 2026
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Article CNBC Top Stories

UAE says new pipeline that will bypass Strait of Hormuz is nearly 50% complete

CNBC Top Stories May 20, 2026 · 6:56 pm Read Original
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−100 Bearish 0 +100 Bullish
UAE says new pipeline that will bypass Strait of Hormuz is nearly 50% complete

The UAE has redirected some oil exports through an existing pipeline to Fujairah, which has a maximum capacity of 1.8 million barrels per day.

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Article Info
Source CNBC Top Stories
Published May 20, 2026 · 6:56 pm
Article ID aop64gx
Original URL Open source
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Neutral 0.0
−100Neutral+100
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