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TotalEnergies Backs Two Major Oil Pipelines to Bypass Hormuz

TotalEnergies will invest in two major oil pipelines designed to bypass the Strait of Hormuz, backing Abu Dhabi’s expansion of its Fujairah export route and a planned pipeline carrying Iraqi crude…

  • TotalEnergies pledges support to two major oil pipelines bypassing Hormuz.
  • UAE's Habshan-Fujairah pipeline can transport 1.8 million barrels per day, avoiding Hormuz.

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