Monday, March 16, 2026

UAE’s Fujairah Oil Trading Hub Is Shut Down Again

Following on CNBC's March 15 report: "Oil loading operations at UAE’s Fujairah have resumed: media reports" we see this at CNBC, March 16, 4:16 a.m. EDT:

UAE’s Fujairah oil trading hub targeted by a drone attack, causing large fire 

  • A drone strike on Monday caused a large fire at the United Arab Emirate’s key oil trading hub of Fujairah, authorities said.
  • The attack comes after a separate drone strike and fire at Fujairah over the weekend.
  • It underlines the vulnerability of the UAE’s only export route that bypasses the strategically vital Strait of Hormuz.

A drone attack at the United Arab Emirates’ key oil trading hub of Fujairah triggered a large fire, authorities said on Monday, with no injuries reported.

“Civil Defense teams in the Emirate immediately responded to the incident and are continuing their efforts to control it,” Fujairah Media Office said on social media, according to a Google translation.

Oil loading operations at the major oil bunkering hub had been suspended as a result of the drone attack, Reuters reported, citing two unnamed sources. CNBC has contacted the UAE’s ADNOC and is awaiting a response.

The attack comes after a separate drone strike and fire at Fujairah on Saturday, underlining the vulnerability of the UAE’s only export route that bypasses the strategically vital Strait of Hormuz.....

....MUCH MORE