🇦🇪 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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