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World News Today, International News Headlines | The HinduBusinessLine

Italy suspends defence pact renewal with Israel amid West Asia tensions Drone hits on Russia ports put Indian refining at risk: IEA Trump’s lawsuit over Wall Street Journal’s Epstein story has been dismissed Agreement cannot be reached overnight, talks should continue over West Asia crisis: UNSG Bling meets brink: Iran war casts shadow over luxury watch industry Iran oil hoard at sea shields China’s refiners from US blockade Next round of Iran-US negotiations expected soon: Khawaja Asif Trump begins Hormuz blockade even as US, Iran eye more talks US naval blockade of Iranian ports begins; UKMTO confirms enforcement France, UK to lead multinational mission to restore navigation in Strait of Hormuz: Macron IDF continues strikes on Hezbollah in southern Lebanon, launches ground ops in Bint Jbeil Israelis oppose Iran ceasefire, divided over whether to respect it, poll says Pope Leo says he does not fear Trump, citing Gospel as he pushes back in feud over Iran war Iran threatens ports in West Asia as US military set to impose shipping blockade What does a US naval blockade of Iran mean for oil flows? Vance-led talks helped build goodwill with Iran: report Iran war's global energy crisis sharpens China's advantage in clean tech 2 oil tankers attempt Hormuz exit after US announces blockade Chinese yuan pressured by safe-haven dollar as US-Iran peace talks break down US blockade of Iran will be major military endeavor, experts say Japan’s benchmark bond yield jumps to 29-year high as US-Iran talks collapse Crude oil tankers steer clear of Hormuz ahead of US blockade US announces maritime blockade of Iranian ports after talks fail Trump attacks Pope Leo, calls him ‘terrible’ and ‘weak’ Europe missed AI bus, but India has potential to catch up: Former WEF Director Iran aims to restore majority of refining capability within two months Trump shares article suggesting option with him to enforce naval blockade on Iran Iran-US talks in Pakistan ended without deal as Tehran cites ‘excessive demands’ from US Two supertankers U-turn in Hormuz as US-Iran talks break down Iran war diverts US military, attention from Asia ahead of Trump's summit with China's leader
UAE to double oil exports bypassing Strait of Hormuz amid...
By Bloomberg · 2026-05-15 · via World News Today, International News Headlines | The HinduBusinessLine
Abu Dhabi National Oil Co. is expanding infrastructure as Gulf shipping disruptions continue during the regional conflict.

Abu Dhabi National Oil Co. is expanding infrastructure as Gulf shipping disruptions continue during the regional conflict. | Photo Credit: Dado Ruvic

The United Arab Emirates will double its capacity to export crude oil bypassing the Strait of Hormuz by next year, as it seeks to reduce reliance on the shipping chokepoint.

Abu Dhabi National Oil Co. is accelerating the construction of a pipeline that runs to Port of Fujairah on the Gulf of Oman, according to a statement from the emirate’s media office posted on X. The company already operates a 1.5 million barrel-a-day pipeline from its oil fields to the port on the eastern coast, a link that has proven to be a lifeline for the country during the conflict.

Existing pipeline helps UAE maintain crude supplies

The existing pipeline has helped the UAE continue to supply markets even as Iran practically shut the normal route through the Strait of Hormuz soon after the war began at the end of February. The link, however, can carry less than half of Adnoc’s normal export volumes, likely affecting the country’s oil revenue.

The UAE and Saudi Arabia are the only major Gulf producers able to get significant quantities of crude to market during the war. State oil companies of both countries have quietly managed to ship some cargoes out of the Gulf in recent weeks, avoiding the Iranian blockade.

UAE boosts output plans after OPEC exit

Accelerating the pipeline’s construction also follows the UAE’s decision to exit the Organization of Petroleum Exporting Countries. Freed of the group’s production limits, the UAE has said it plans to increase output to meet a war-related boost in demand. Additional export capacity through Fujairah will give the country more options even after Hormuz reopens to shipping.

Infrastructure faces attacks during conflict

While the existing 252-mile (406-kilometer) pipeline to Fujairah hasn’t been targeted in the war, infrastructure at both ends has. Iranian drones hit a gas-processing facility near the pipeline’s starting point at Habshan, while at the other end, the port of Fujairah has sustained damage that’s temporarily disrupted shipments in multiple attacks during the conflict.

More stories like this are available on bloomberg.com

Published on May 15, 2026