MIDDLE EAST
- After the peace agreement signed recently, Israel will propose that the UAE help promote the construction of a land pipeline between Saudi Arabia and Israel for oil and distillates for shipping from the Mediterranean coast onto Europe and North America using the existing infrastructure of the EAPC pipeline. Such plan would be cheaper and safer by bypassing the dangerous and costly Straits of Hormuz and Suez Canal shipping routes.
SOURCE: GEOPOLITICS NEWS
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