(UPI) The United Arab Emirates has completed a pipeline from its main oil fields in Abu Dhabi to Fujairah on the Gulf of Oman, thus bypassing the chokepoint Strait of Hormuz, a vital oil export route highly vulnerable to closure by Iran. The 230-mile pipeline, and the opening of a new naval base in Fujairah on Oct. 20, is seen as part of a strategic effort by the Gulf Arab states to ensure global oil supplies if hostilities erupt with Iran.
2010-12-21 08:26:12Full ArticleBACK Visit the Daily Alert Archive