Iran
No deal required, Trump says of Iran's enriched uranium
U.S. President Donald Trump on Thursday said that Washington did not need a deal with Iran to get enriched uranium from the country.
The United Arab Emirates is moving decisively to reduce its vulnerability to Iran's control of the Strait of Hormuz, with Abu Dhabi ordering the acceleration of a new pipeline project that would allow hydrocarbon exports to bypass the strategic - and currently disrupted - waterway.
The move is a direct response to the strategic crisis triggered by Iran's control of Hormuz since the outbreak of the US-Israeli war against the Islamic Republic on 28 February © Mena Today
The United Arab Emirates is moving decisively to reduce its vulnerability to Iran's control of the Strait of Hormuz, with Abu Dhabi ordering the acceleration of a new pipeline project that would allow hydrocarbon exports to bypass the strategic - and currently disrupted - waterway.
Abu Dhabi Crown Prince Sheikh Khaled bin Mohammed bin Zayed Al Nahyan issued a directive to state oil giant ADNOC to "accelerate the delivery of the project," according to the official press service, with completion now targeted for 2027.
The move is a direct response to the strategic crisis triggered by Iran's control of Hormuz since the outbreak of the US-Israeli war against the Islamic Republic on 28 February.
The strait, through which approximately one fifth of global hydrocarbon trade normally flows, has become a choke point, disrupting Gulf exports, driving up insurance premiums, stranding tankers and sending oil prices surging.
For the UAE, which has already developed the Abu Dhabi Crude Oil Pipeline (ADCOP), a 370 kilometre overland route to the port of Fujairah on the Gulf of Oman, bypassing Hormuz entirely, the new pipeline represents a further layer of energy security architecture designed to ensure that Iranian leverage over the strait cannot hold Abu Dhabi's exports hostage.
U.S. President Donald Trump on Thursday said that Washington did not need a deal with Iran to get enriched uranium from the country.
In a striking political declaration, Fahad Al Masri, President of the National Salvation Front in Syria, has issued a bold call for a strategic alliance between post-Assad Syria, the United States and Israel, a move that would represent a seismic shift in the region's diplomatic landscape.
The UAE has retained its position as the world's most attractive real estate investment destination, outranking the United States, the United Kingdom, France and Spain, according to a new survey commissioned by property developer Arada.
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