Fujairah

The UAE's oil exports reached a record 3.7 million barrels a day in June, driven by its exit from OPEC and measures to avoid Iranian threats in the Strait of Hormuz. Tankers used transponders turned off and a pipeline to Fujairah to bypass the chokepoint, though Gulf crude exports remain below prewar levels.

The UAE's first passenger train, departing from Fujairah, brought enthusiastic travelers to Abu Dhabi, where they enjoyed the sunrise and new amenities during their desert journey.

The UAE will launch its passenger rail network next week, connecting Abu Dhabi to Fujairah for 55 dirham ($15) trips. The route is part of the stalled GCC Railway project, aiming to link Gulf countries by 2030, with economic projections highlighting potential $40 billion gains from a high-speed Abu Dhabi-Dubai line and a planned Doha-Riyadh airport connection by 2031.

Dubai's largest free zone, Dubai Multi Commodities Centre (DMCC), is expanding with a focus on food security, developing new hubs for cacao, meat, honey, and saffron. Ahmed Bin Sulayem, DMCC's executive chairman and CEO, highlighted opportunities to deepen ties with Africa, India, and Sri Lanka, while also noting Fujairah's potential growth and the UAE's aim to reduce dependency on the Strait of Hormuz.

Kuwait has approved a 500-kilometer high-speed rail line to Riyadh, set to open by 2030, aiming to bypass the Strait of Hormuz for trade. Similar projects include a Riyadh-Doha rail line and the Gulf Cooperation Council railway connecting all six Gulf states, with Saudi Arabia Railways tendering for a 672-kilometer coastal section.

Maritime tracking blackouts near the UAE's Fujairah oil hub coincided with a 1.35 million-barrel oil transfer and U.S.-Iran peace negotiations progress. Iran asserted control over the Strait of Hormuz, while the U.S. hinted at potential military actions amid heightened tensions.

The UAE has redirected some oil exports through an existing pipeline to Fujairah with a maximum capacity of 1.8 million barrels per day. A new pipeline that will bypass the Strait of Hormuz is nearly 50% complete. This development may reduce dependence on the strategic waterway.

The UAE plans to construct a 406-kilometer pipeline from Abu Dhabi to Fujairah to bypass the Strait of Hormuz and double its export capacity outside Gulf waters by 2027. This expansion allows the UAE to increase oil production to 5 million barrels per day after leaving OPEC quotas in May. The project reflects broader regional efforts to diversify energy export routes.

The UAE plans to double its oil export capacity by 2027, bypassing Hormuz. This expansion will involve the Abu Dhabi Crude Oil Pipeline. The project aims to increase oil transfer and storage capabilities.

Iran's foreign minister Abbas Araghchi stated that ships entering the Strait of Hormuz must cooperate with the Iranian navy after a ship was seized outside a UAE port. The ship was taken towards Iranian waters by unauthorised personnel. The incident occurred near the southern entry to the Strait of Hormuz.

Norden is expecting its ships to be stuck in Hormuz for the remainder of the year. This situation is occurring near the coast city of Fujairah, in the Strait of Hormuz. A cargo ship is pictured in this area.

The UAE's Fujairah was hit on Monday, potentially marking Iran's first attack on the UAE since the US-Iran ceasefire took effect on April 8. The incident is significant and may have implications for regional relations. Confirmation of the attack is still pending.

The International Energy Agency (IEA) reported that half of the Gulf's closed oil fields could resume operations within weeks after the war. The situation involves strategic locations like the Strait of Hormuz and Fujairah, where cargo ships and tankers are active.