UAE works to reduce reliance on Strait of Hormuz with new pipelines | Fox Business Video

UAE works to reduce reliance on Strait of Hormuz with new pipelines | Fox Business Video

Gulf Oil Senior Energy Advisor Tom Kloza and U.S. Oil and Gas Association President Tim Stewart analyze Gulf countries’ efforts to build new pipelines, including the UAE’s, to reduce reliance on the volatile Strait of Hormuz. They discuss how this “coronary bypass” could permanently reshape the global energy landscape and potentially lead to lower oil and gas prices for American consumers.

Read the full article here