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UAE, Saudi pipelines to bypass Hormuz as Houthi attacks rise

7/24/2026

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Summary

Story summary

The UAE and Saudi Arabia are expanding pipelines, potentially allowing up to 60% of Gulf oil exports to bypass the Strait of Hormuz.
Abu Dhabi National Oil Company’s $3 billion, ~300-km Fujairah pipeline, half built, is slated for mid-2027 and will add over 1.2 million barrels per day.
Iran-backed Houthi rebels said they set fire to Saudi tankers Encelia and Layla on Thursday, highlighting Red Sea vulnerability.

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Story summary

The UAE and Saudi Arabia are expanding pipelines, potentially allowing up to 60% of Gulf oil exports to bypass the Strait of Hormuz.
Abu Dhabi National Oil Company’s $3 billion, ~300-km Fujairah pipeline, half built, is slated for mid-2027 and will add over 1.2 million barrels per day.
Iran-backed Houthi rebels said they set fire to Saudi tankers Encelia and Layla on Thursday, highlighting Red Sea vulnerability.