🇦🇪 UAE fast-tracking second oil pipeline to bypass Strait of Hormuz
• New pipeline will double crude export capacity via Fujairah port by 2027
• Existing pipeline already bypasses Hormuz with 1.5–1.8 million barrels per day
• Iran has expanded control zone across much of UAE's Gulf of Oman coastline
• Hormuz historically handled 20% of global oil — currently shut since Feb 28 war
• UAE exited OPEC two weeks ago to boost production freely
#UAE #OilCrisis2026 #StraitOfHormuz
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