Israel and UAE open talks over top-secret oil pipeline, says report

Israel and the United Arab Emirates have opened talks over an oil pipeline linking the Red Sea with the Mediterranean, whose operations Israeli officials treat as top secret.
 

Europe Asia Pipeline Co., controlled by Israel’s government, and UAE-based MED-RED Land Bridge Ltd. signed a memorandum of understanding to collaborate on the transportation of crude and oil products between the Persian Gulf and Western markets, according to an EAPC statement on Tuesday.
 

The agreement comes after the UAE, OPEC’s third-biggest oil producer, and Israel announced in August they would normalize ties. The two have since discussed establishing embassies, starting direct flights