Fujairah
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Oil’s Hormuz Alternatives Offer Only a Partial Fix
Oil transfer pipes and storage silos which form part of the Abu Dhabi Crude Oil Pipeline, known as Adcop, are seen on the day of pipeline's inauguration at Fujairah port in Fujairah, United Arab Emirates, on Sunday, July 15, 2012. Abu Dhabi is exporting its first cargo of oil today from a pipeline that bypasses the Strait of Hormuz, shipping the crude to a refinery in Pakistan, the head of the emirate's International Petroleum Investment Co. Said. Photographer: Bloomberg/Bloomberg
Iraq and UAE race to establish alternative oil pipelines as exports through Hormuz dry up
Iraq and the United Arab Emirates are fast-tracking plans to expand oil pipelines to replace the capacity lost by the closure of the Strait of Hormuz, as new data reveals their stark dependency on the Persian Gulf. Last week, the Iraqi cabinet approved plans to accelerate crude exports through the Kurdistan-Turkey pipeline network, which would more than triple its existing shipments from 220,000 barrels per day to 770,000. The route offers an alternative passage through Kurdistan to Turkey's...
Are the US and Iran closer to war or to a deal?
Are the US and Iran closer to war or to a deal? As US and Iran pursue talks, both signal they are still ready to use force against each other. While the United States and Iran have continued to exchange a series of proposals and counter-proposals for peace since a temporary ceasefire was announced in April, leaders on both sides have repeatedly signalled that they are also prepared to use force against the other if the need should arise.
Saved by the barrel: Why crude hasn't hit the $200 mark
When the Strait of Hormuz tightened, many braced for $200-a-barrel oil. More than three months on, that nightmare scenario is still nowhere in the picture. The disruption, which removed more than 10 million barrels a day of Middle Eastern supply from the market, had fuelled warnings of crude prices soaring to as much as $200 a barrel.
US, Iran trade new attacks amid talks: Here’s what we know
US, Iran trade new attacks amid talks: Here’s what we know Washington and Tehran are attacking each other despite a ceasefire that came into effect on April 8. United States President Donald Trump says he is close to achieving a “very good deal” with Iran, but Washington and Tehran have been engaged in a new exchange of fire, dimming hopes of finalising a deal to end the war. Late on Sunday in a post on X, the US military’s Central Command (CENTCOM) said it struck Iranian military sites over...
100 days of Iran war: Gulf states grapple with security and economic consequences
Iran war at 100 days: Gulf states grapple with stability June 4, 2026For the regional Gulf Cooperation Council (GCC) states — Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates (UAE) — the consequences of the US-Israeli conflict with Iran extend far beyond immediate military threat. Since February 28, when the US and Israel launched joint strikes on Iran, and despite a nominal ceasefire, the GCC countries, have been performing a difficult balancing act. Key...
Attacks continue after Trump says Iran deal not good enough
After President Trump said Iran seemed ready to make a deal to end the war but the terms weren't good enough, Tehran has been carrying out further missile and drone strikes on US allies across the Middle East. The Iranian foreign minister has denied that Iran has targeted civilian or residential areas in the Middle East - only US military targets. And he said the war would end when Iran was "certain" it could not be repeated.