- Escalating US-Iran military conflict in the Persian Gulf
- Conflict in the Middle East has led to the closure of the Strait of Hormuz, causing vital energy, food, and fertilizer flows to be disrupted, leading to inflationary pressures.
- Operational details regarding oil export diversion and global supply management due to the closure of the Strait of Hormuz.
- Oil exports are being diverted and utilizing Fujairah port due to blockades in the Strait of Hormuz.
Disruption in the Strait of Hormuz is causing operational impacts on the Fujairah refuelling hub and global bunkering markets, with Repsol noting the persistent issues.
1 report, 1 independent
Updated Sep 14
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What happened
Disruption in the Strait of Hormuz is causing operational impacts on the Fujairah refuelling hub and global bunkering markets, with Repsol noting the persistent issues.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Oil exports are being diverted and utilizing Fujairah port due to blockades in the Strait of Hormuz.Also in this story
- Tankers are transiting through the Strait of Hormuz, while the US and Iran engage in air attacks.
- Borouge, based in Abu Dhabi, is working on an oil pipeline to Fujairah port and securing terminal access in Khor Fakkan Port.
Within Escalating US-Iran military conflict in the Persian Gulf
The entities involved
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United Arab Emirates
country in Western Asia
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Hormuz
city in Hormozgan Province, Iran
Related events
- The closure of the Strait of Hormuz due to conflict is causing supply shocks, but some entities are demonstrating resilience.
- IEA commentary presented in Singapore highlights that export losses through Hormuz are affecting global fuel supply.
- Strait of Hormuz disruptions are affecting global energy supplies, leading to higher costs and ECB rate hikes in Europe.
- Container prices from China to U.S. Coasts are rising amid attacks on vessels passing through the Strait of Hormuz.
- Iran and Oman are nearing a Strait of Hormuz deal amid Houthis attacks and global economic volatility driven by FED and BOJ policies.