The United Arab Emirates (UAE) is accelerating construction work of a new oil pipeline that will make it more capable of exporting crude without relying on the Strait of Hormuz, one of the busiest and most strategically significant shipping routes in the world. According to reports, Crown Prince Khaled bin Mohamed bin Zayed Al Nahyan has directed the Abu Dhabi National Oil Company (ADNOC) to fast-track construction of the West-East Pipeline during a recent executive committee meeting. The pipeline is under construction and expected to start operating next near.
