Gulf states seek to bypass Strait of Hormuz for oil exports via pipelines

Iran sends drones to assault the UAE port of Fujairah within the Gulf of Oman, elevating the stakes as Gulf states ship their blocked crude by way of pipelines away from the contested Strait of Hormuz. We take a more in-depth look. Additionally on this version: central banks face a dilemma as excessive oil costs threaten to each rekindle inflation and gradual world development.



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