Bank Of Baku

UAE’s Fujairah suspends oil loadings after port hit again

UAE’s Fujairah suspends oil loadings after port hit again
# 16 March 2026 12:08 (UTC +04:00)

The key port of Fujairah in the United Arab Emirates was hit again, forcing a suspension of oil loading, the latest in a series of strikes that’s plagued the country’s only export route that bypasses the Strait of Hormuz, APA reports citing Bloomberg. 

Loadings have been halted on Monday as a precautionary measure as damage from the latest strike was being assessed, people familiar with the matter said, asking not to be identified because they aren’t authorized to speak to the media. Oil loading at the port had restarted over the weekend after a drone strike caused a fire on Saturday.

 

 

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