Urgent.News

600+ sources. One page. See who else covered it.

Editions

Finance & Markets

UAE oil company announces new investments to bypass Hormuz

UAE oil company announces new investments to bypass Hormuz Abu Dhabi National Oil Co (Adnoc), the Emirate's national oil company, announced plans to construct a new gas export facility to bypass the Strait of Hormuz. The company reported its income for the second quarter of 2026 earlier today, beating forecasts with a net income of $665m and strong guidance for the rest of the year, contingent on…

We haven't written up this one. Middle East Eye has the full story — the link below goes straight to it.

Read the original at middleeasteye.net →

More in Finance & Markets

More from Monday 10 August →