
There are three pipelines operating now to take oil around the Hormuz blockage. The East-West Crude Oil Pipeline (Petroline) in Saudi Arabia, and the UAE’s ADCOP pipeline and the Iraq Kirkuk–Ceyhan (Turkey) Pipeline. The Iraq Turkey pipelin is at an initial ~…

The United Arab Emirates' decision to leave OPEC has been described as a major earthquake in the oil market, but its impact on international politics could be even more profound.