Middle East

Oil loading operations suspended at UAE’s Fujairah port, sources say

 Oil loading operations ​have been suspended at ​the United Arab Emirates port of Fujairah, two sources told Reuters on Monday, after a drone attack sparked a fire in the emirate’s petroleum industrial ⁠zone.

Fujairah, located on the Gulf of ⁠Oman just outside the Strait of Hormuz, is typically a critical exit point for about 1 million ‌barrels per day of ​the UAE’s ⁠Murban crude – a volume equivalent to ​roughly 1% of global ‌demand.

Civil defense teams are currently working to control ​the blaze, the Fujairah government media office said in a statement, adding that no casualties have been reported.

The suspension marks the second major ‌disruption at the vital bunkering hub in recent ​days. Operations at Fujairah had resumed on ​Sunday ‌following a ⁠separate drone strike over the weekend.

The attacks come as the ongoing U.S.-Israeli war ​with Iran strangles shipping through the ⁠Strait of ​Hormuz, a narrow waterway between Iran and Oman that normally handles a fifth of the world’s oil supply. 

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