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UAE takes steps to reduce dependence on Strait of Hormuz to 'zero'
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UAE takes steps to reduce dependence on Strait of Hormuz to ‘zero’

Commercial and residential buildings on the beach in Abu Dhabi, United Arab Emirates. (Vidya Chandramohan/Bloomberg) June 17, 2026 1:21 pm, EDT key takeaways: The UAE unveiled plans to eliminate dependence on the Strait of Hormuz by expanding eastern ports, pipelines and transportation links as shipping has been disrupted by regional tensions. The effort reflects the

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Iraq takes steps to boost oil exports as Strait of Hormuz reopens
Trucks

Iraq takes steps to boost oil exports as Strait of Hormuz reopens

Ships are anchored in the Strait of Hormuz near the port city of Khasab on Oman’s northern Musandam Peninsula in May. (AFP/Getty Images via Bloomberg) Jun 17, 2026 11:03 am, EDT key takeaways: Iraq is preparing to boost oil exports from southern ports as an agreement to reopen the Strait of Hormuz is set to

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