UAE and Israel Are Set To Revolutionize Global Oil Markets

by Micha Gefen

The UAE has long sought a reliable partner in getting its oil out to global markets. For years, Gulf States have relied on the Suez Canal to transport their oil to the world, but now the Abraham Accord has given the UAE the ability to partner Israel in building an alternative route.

One of the most powerful things about the Abraham Accords is the paradigm shifting reality of the Middle East that the agreements have brought. The UAE and Israel have been capitalizing on the accords from the moment they were signed. With the Iranian threat growing, the UAE and Israel have made economic and military independence a priority – especially since the Biden administration appears to be unfazed by Iranian intransigence.

The Trans Israel pipeline is a strategic goliath for the two countries as it allows the UAE to effectively bypass the Suez canal by moving its oil through Israel – direct to customers in Europe. For Israel, the partnership cements it as a major energy player in the region.

Economic independence means that neither country has to be reliant on an increasingly unstable Biden administration, but rather work together to meet the threats both are facing.

Ironically, the trans-Israel pipeline was originally built with Iranian oil in mind as both Iran and Israel had once been allies during the reign of the Shah. With the UAE stepping decades later, the growing partnership between Israel and the UAE is gearing up to be regional force unto itself.

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