Key UAE Oil Hub Suspends Loadings as War-Related Halts Mount

The key port of Fujairah in the United Arab Emirates has suspended oil loadings, according to a shipping agent and a person familiar with the matter, the latest halt after...

By Anthony Di Paola, Salma El Wardany, Fiona MacDonald · Bloomberg Markets

The key port of Fujairah in the United Arab Emirates has suspended oil loadings, according to a shipping agent and a person familiar with the matter, the latest halt after a series of earlier war-related strikes on the country’s only crude oil export route outside the Strait of Hormuz.