Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeekBreaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek
  • Home
  • Nation
  • Politics
  • Economy
  • Sports
  • Entertainment
  • International
  • Technology
  • Auto News
Reading: UAE Doubles Oil Exports, Sidesteps Strait of Hormuz Amid Ongoing Gulf Tensions
Share
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeekBreaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek
  • Home
  • Nation
  • Politics
  • Economy
  • Sports
  • Entertainment
  • International
  • Technology
  • Auto News
© 2024 All Rights Reserved | Powered by India News Week
Trending Now: Stay updated with the latest breaking news from India and around the world
UAE to double oil exports bypassing Strait of Hormuz amid Gulf conflict
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek > Economy > UAE Doubles Oil Exports, Sidesteps Strait of Hormuz Amid Ongoing Gulf Tensions
Economy

UAE Doubles Oil Exports, Sidesteps Strait of Hormuz Amid Ongoing Gulf Tensions

Indianewsweek By Indianewsweek May 15, 2026 3 Min Read
Share
SHARE

The United Arab Emirates (UAE) is set to double its capacity for exporting crude oil via a route that bypasses the critically strategic Strait of Hormuz by next year, as part of its strategy to reduce dependency on this vital shipping chokepoint.

According to a statement from the emirate’s media office posted on X, the Abu Dhabi National Oil Company (ADNOC) is fast-tracking the construction of a pipeline that connects to the Port of Fujairah on the Gulf of Oman. Currently, ADNOC operates a 1.5 million barrel-per-day pipeline from its oil fields to the eastern port, which has become essential for maintaining the country’s oil exports amid ongoing regional conflicts.

The existing pipeline has enabled the UAE to sustain market supply even as Iran effectively shut down the typical shipping route through the Strait of Hormuz following the escalation of hostilities that began in late February. However, this pipeline can only transport less than half of ADNOC’s usual export volumes, potentially impacting the nation’s oil revenues.

As of now, the UAE and Saudi Arabia are the only major Gulf oil producers able to deliver significant amounts of crude to international markets during the ongoing conflict. State oil companies from both nations have successfully shipped several cargoes out of the Gulf in recent weeks, managing to navigate around the Iranian blockade.

The acceleration of construction for the new pipeline is also a response to the UAE’s recent withdrawal from the Organization of the Petroleum Exporting Countries (OPEC). Free from the production quotas previously imposed by the group, the UAE has announced plans to increase output in light of heightened demand resulting from the war. Enhancing export capacity through Fujairah will provide the UAE with alternative options even after the Strait of Hormuz reopens to shipping traffic.

Although the existing 252-mile (406-kilometer) pipeline to Fujairah has not been directly targeted during the conflict, facilities at both ends have faced attacks. Iranian drones struck a gas-processing facility near the Habshan starting point of the pipeline, while the Port of Fujairah has experienced damage that temporarily disrupted shipments during multiple attacks throughout the conflict.

For further updates, additional stories are available on bloomberg.com.

Published on May 15, 2026.

TAGGED:Economy NewsNews
Share This Article
Twitter Copy Link
Previous Article Watch: PM Modi receives F-16 escort as he lands in UAE on first leg of five-nation tour PM Modi’s Historic UAE Visit: F-16 Escort Welcomes Him on Five-Nation Tour
Next Article Fujiyama Power Systems posts 87.5% revenue jump, commissions 2,000 MW Ratlam solar plant Fujiyama Power Systems Sees 87.5% Revenue Surge, Launches 2,000 MW Solar Plant in Ratlam
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest News

'Reset mentally': Mark Boucher weighs in on how PBKS can bounce back after five straight losses

Mark Boucher Shares Strategies for PBKS to Overcome Five-Game Losing Streak and Reset Mentally

May 15, 2026
Hindustan Zinc aims to unlock ₹2,000 cr in value through AI push

Hindustan Zinc Sets Ambitious ₹2,000 Cr Goal with Innovative AI Initiatives

May 15, 2026
Decentralise conduct of NEET-UG exam, act against NTA: IMA urges Centre after paper leak

IMA Calls on Centre to Decentralize NEET-UG Exams Following NTA Paper Leak Crisis

May 15, 2026
Fujiyama Power Systems posts 87.5% revenue jump, commissions 2,000 MW Ratlam solar plant

Fujiyama Power Systems Sees 87.5% Revenue Surge, Launches 2,000 MW Solar Plant in Ratlam

May 15, 2026
UAE to double oil exports bypassing Strait of Hormuz amid Gulf conflict

UAE Doubles Oil Exports, Sidesteps Strait of Hormuz Amid Ongoing Gulf Tensions

May 15, 2026
Watch: PM Modi receives F-16 escort as he lands in UAE on first leg of five-nation tour

PM Modi’s Historic UAE Visit: F-16 Escort Welcomes Him on Five-Nation Tour

May 15, 2026

You Might Also Like

Markets have already 'factored in' lower GDP growth, higher inflation projections amid oil shock: SEBI analyst
Economy

Markets Adjust to Slower GDP Growth and Rising Inflation Following Oil Shock, Says SEBI Analyst

4 Min Read
Axis Securities lowers Nifty target for Dec 2025, Top picks include HDFC Bank, SBI, ICICI Bank, Dalmia Bharat
Economy

Global Market Volatility: Trump Tariff Sparks Trade Tensions

3 Min Read
Stock Market Today Live April 17: Stock to buy today: Uno Minda (₹1,109.70)
Economy

Stock Market Update: Today’s Top Buy – Uno Minda at ₹1,109.70

2 Min Read
Renewable energy ministry approves pilot CfD scheme
Economy

Renewable Energy Ministry Greenlights Pilot Contract for Difference Scheme to Boost Clean Energy Initiatives

4 Min Read

About IndiaNewsWeek

IndiaNewsWeek is your trusted source for breaking news, in-depth analysis, and comprehensive coverage of India and the world. We deliver accurate, timely reporting across politics, economy, sports, entertainment, and technology.

contact@indianewsweek.com

Quick Links

  • Nation
  • Politics
  • Economy
  • International
  • Sports
  • Entertainment

More Sections

  • Technology
  • Auto News
  • Education
  • About Us
  • Contact
  • Privacy Policy

Stay Connected

Follow us on social media for the latest updates and breaking news.

Facebook
X (Twitter)
YouTube
Follow US
© 2026 IndiaNewsWeek. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?