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UAE fast-tracks new oil route as Strait of Hormuz closure hits global supplies

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A logo of ADNOC is displayed at the Make it in the Emirates conference, in Abu Dhabi, United Arab Emirates, May 4, 2026. — ReutersWest-East Pipeline to double oil export capacity via Fujairah.New pipeline expected to be operational by 2027.Strait of Hormuz’s effective closure has…

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