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.
Last updated: 2026-05-22 04:25:16 ET
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.
Prices drop 6% but president warns of further attacks unless Iran agrees to a dealOil prices fell 6% on Wednesday after Donald Trump said that negotia...
A day after Elon Musk lost his lawsuit that threatened OpenAI's structure, leadership and finances, OpenAI is reportedly back to prepping for its IPO.
A day after Elon Musk lost his lawsuit that threatened OpenAI's structure, leadership, and finances, OpenAI is reportedly back to prepping for its IPO...
Trump told reporters that the administration was in the "final stages" of negotiations with Iran, according to a pool report.
Late Sunday, U.S. stock futures fell while oil prices soared. Meanwhile, a drone strike triggered a fire near the UAE's Barakah nuclear power plant. G...
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