Skip to main content
See every side of every news story
Published loading...Updated

New UAE pipeline bypassing Hormuz now 50% complete, ADNOC CEO says

  • On Wednesday, the United Arab Emirates announced its new West-East Pipeline is nearly 50% complete, with ADNOC CEO Sultan Ahmed Al Jaber targeting full operation by 2027 to bypass the blockaded Strait of Hormuz.
  • Iran has blockaded the waterway since late February, causing the loss of more than 1 billion barrels of oil and nearly 100 million additional barrels lost weekly, triggering the most severe energy supply disruption in history.
  • "Right now, too much of the world's energy still moves through too few chokepoints," Al Jaber stated, warning that allowing one country to hold global waterways hostage creates a "dangerous precedent."
  • Energy Secretary Chris Wright noted on Friday that the Strait's global importance will decline as Gulf nations establish alternative routes, though regional energy production remains critical.
  • Al Jaber warned that oil flows will not fully normalize until the first or second quarter of 2027, while the UAE maintains $85 billion in United States investments reflecting long-term economic cooperation.
Insights by Ground AI

13 Articles

ReutersReuters
+2 Reposted by 2 other sources
Center

New UAE pipeline bypassing Hormuz now 50% complete, ADNOC CEO says

·United Kingdom
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 38% of the sources lean Left, 37% of the sources lean Right
38% Left

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

Biznis Info broke the news on Wednesday, May 20, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal