UAE says its energy exports will not be 'held hostage' by Iran war
Anwar Gargash said the UAE is expanding ports, pipelines and rail links as 6 months of conflict exposed risks to trade and energy flows.
- On Monday, the United Arab Emirates announced it is building alternative energy export routes, including eastern coast ports and pipelines, to ensure trade is not "held hostage" by the ongoing war with Iran.
- Tehran's missile strikes and attacks on oil tankers in the Strait of Hormuz have severely impacted Gulf Arab states, prompting the urgent shift toward alternative infrastructure corridors.
- UAE presidential diplomatic adviser Anwar Gargash told the Hili Forum in Abu Dhabi that the country is developing railways and trade routes to bypass the strategic waterway during hostilities.
- Citing military escalation, the UAE suspended all financial and economic transactions with the Islamic Republic in August, while Gargash criticized Gulf Arab states for their collective response falling short.
- Although a functional relationship with Iran "can and must be restored," Gargash warned that rebuilding trust with neighbors following the attacks "may take decades," underscoring deep regional strain.
35 Articles
35 Articles
UAE Maps New Trade Routes Amid Gulf Tensions | Science-Environment
The UAE is creating new trade routes to avoid disruption from the U.S.-Iran conflict. The Gulf tensions, exacerbated by Iranian attacks, have prompted the UAE to enhance its infrastructure for energy exports. Officials stress self-reliance and rethink alliances, as the Strait of Hormuz remains contested.
(Cairo=Yonhap News) Correspondent Kim Sang-hoon = The United Arab Emirates (UAE) is seeking alternative... to prevent its energy exports and trade from being damaged by a war between the U.S. and Iran.
The United Arab Emirates is building alternative routes for its energy exports and trade to ensure that they are not held hostage by the ongoing war between the U.S. and Iran, said on Monday the presidential advisor of the Anwar Gargash Emirates. Exclusive material for subscribers. To have full access, access the link of the subject and register.
UAE accelerates alternative trade, energy routes after Iranian attacks: Gargash
Dubai: The UAE is accelerating plans to expand port capacity on its east coast, strengthen pipeline and railway networks, and develop alternative corridors for goods following lessons from the recent regional crisis, His Excellency Dr Anwar bin Mohammed Gargash, Diplomatic Adviser to the UAE President, said on Monday.The measures are aimed at ensuring that the UAE’s energy exports, trade and wider economic activity are not vulnerable to disrupti…
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