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Growing Activist Pressure Puts Key Middle East Oil Deal On Hold

A UAE oil transport deal is now on hold due to environmental concerns from Israel’s environmental protection ministry following pressure from activists. The agreement between the UAE and Israel expects to see Middle Eastern oil transported to Eilat, a red seaport, by tanker, which would then be carried by a pipeline across Israel to reach the Mediterranean port of Ashkelon for it to be shipped to Europe.

If approved, this would allow for the transportation of tens of millions of tonnes of petroleum projects, through a new transport link between…

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