World2 Min Read SidonMay 21, 2026 UAE’s upcoming oil pipeline avoiding the Strait of Hormuz set to launch by 2027. The United Arab Emirates (UAE) has announced that its new oil pipeline, designed to avoid the Strait of Hormuz, is approximately 50% finished.…
Business2 Min Read SidonMay 10, 2026 Aramco Sees 25% Profit Increase in Q1 as East-West Pipeline Reaches Full Capacity, Mitigating Hormuz Threats Saudi Aramco announced a 25% increase in net profit for the first quarter on Sunday, May 10, bolstered by heightened sales and enhanced…
Business2 Min Read SidonApril 19, 2026 IEA Chief Proposes Iraq-Turkey Pipeline as Alternative to Strait of Hormuz Fatih Birol, the Executive Director of the International Energy Agency, has suggested the construction of a new oil pipeline connecting Iraq’s…