"Zero Hormuz": Abu Dhabi Crown Prince readies tens of billions to turn Fujairah into Hormuz bypass

Filed by Elara Myst

 by Tyler DurdenThursday, Oct 01, 2026 - 01:24 PMOn March 3, just days after the first US and Israeli strikes on Iran, when most of the market was still busy pricing the closure of the Strait of Hormuz as a temporary inconvenience, we pointed out something that seemed rather obvious (to us): the UAE's oil port of Fujairah, which sits on the Gulf of Oman and bypasses the strait completely, was far too small for its strategic importance - and that would change.Six days later we went one step