Business

UAE's Energy Strategy Update

Updated 2026-05-15 09:30 UTC 1 source Neutral

The United Arab Emirates is fast-tracking a second West-East oil pipeline to bypass the Strait of Hormuz. The move aims to diversify energy routes amid supply pressures.

Coverage timeline — 2 articles
CNBC
The two-day meeting wrapped up Friday, setting the tone for further U.S.-China talks this year.
2026-05-15 09:11 UTC
CNBC
The second pipeline project comes as global energy supplies remain under pressure and flows through the Strait of Hormuz remain severely limited
2026-05-15 09:19 UTC
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