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energy, united arab emirates
(Image from article: "Korea Inks $20.4 Billion U.A.E. Nuclear Deal")

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UAE opens new oil pipeline route

The United Arab Emirates opens and begins operating a key overland pipeline which bypasses the Strait of Hormuz, controlled by Iran. Iran has repeatedly threatened to close the strait at the mouth of the Gulf, a vital oil-trade route.

 

Korea Inks $20.4 Billion U.A.E. Nuclear Deal

Korea Inks $20.4 Billion U.A.E. Nuclear Deal

A Korean-led consortium won a landmark contract, valued at around $20.4 billion, to build four nuclear reactors in the U.A.E., in what officials in this Persian Gulf country have said is the region's largest-ever energy deal.

 

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