India and UAE Prepare Undersea Oil Pipeline Amid Hormuz Crisis
India and the UAE are preparing to build an undersea oil pipeline as an alternative route amid the Hormuz Strait crisis. India currently imports 88% of its crude oil from the Gulf region, and this pipeline aims to secure a more stable and cost-effective supply. Indian companies have shifted their strategy to rely less on tanker shipments through the Strait of Hormuz, making the UAE a new oil transfer point.
Dainik Bhaskar·14h ago



