📈 Business
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Bloomberg
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UAE ramps up oil exports via Hormuz-bypass port after Iranian strikes
The United Arab Emirates has increased oil exports through a key port outside the Strait of Hormuz after major crude loading infrastructure resumed operations following Iranian drone strikes earlier this month. The move reflects UAE efforts to diversify its oil export routes. The port serves as a vital bypass for Hormuz-dependent shipments.
The United Arab Emirates has been ramping up oil exports from a vital port that lies outside the Strait of Hormuz, after some of the biggest crude loading infrastructure resumed operations following Iranian drone strikes earlier this month.