Brief by Shorts91 Newsdesk / 11:31am on 29 Apr 2026,Wednesday India Global
The United Arab Emirates can increase oil exports to India after leaving OPEC. From May 1, it is no longer bound by output limits. Officials called it a “policy-driven evolution aligned with long-term market fundamentals”. The move allows higher production and more shipments through the Habshan-Fujairah pipeline. This route bypasses the Strait of Hormuz, a key global chokepoint. The pipeline can carry up to 1.5 million barrels per day. India, which imports most of its oil, may benefit from stable and quicker supplies. The UAE already provides about 9–10% of India’s crude needs. (PC: India Today)
