Smoke rises from the path of an vitality set up within the Gulf emirate of Fujairah on March 14, 2026. (Photograph by AFP through Getty Photographs) /
– | Afp | Getty Photographs
Some oil-loading operations have been suspended in Fujairah, a metropolis within the United Arab Emirates and a key bunkering hub, after a hearth broke on the market, Reuters reported on Saturday quoting business and commerce sources.
The reported hearth comes after the U.S. attacked Iran’s Kharg island, a key regional oil hub, on Friday.
The fireplace in Fujairah began after particles fell as a drone was intercepted, Reuters reported. Nobody was injured, in line with the report.
A spokesperson for Abu Dhabi’s state oil big, ADNOC, which operates in Fujairah, declined to right away affirm to CNBC the stories of the hearth.
Iran’s Islamic Revolutionary Guard Corps, its most elite army establishment, stated on Saturday that U.S. pursuits within the UAE, together with ports, docks and army places are respectable targets following the U.S.’ assaults on Iranian islands, Reuters reported.
U.S. President Donald Trump stated he directed the U.S. Central Command to hold out a bombing raid, hitting army targets on Kharg. He added that U.S. forces didn’t “wipe out” the island’s oil infrastructure.
On Friday, Brent crude oil futures closed above $100 per barrel for the second straight day. The worldwide oil benchmark’s worth has surged greater than 40% for the reason that Iran warfare began.
Analysts have stated that the prospect of a U.S. transfer to grab Kharg Island, a strategically important hub sometimes called Iran’s “oil lifeline,” is taken into account extraordinarily excessive danger, each from a geopolitical and financial standpoint.
The five-mile-long coral island, which is situated about 15 miles off the coast of mainland Iran within the waters of the northern Persian Gulf, had been left untouched by practically two weeks of U.S. and Israeli-led strikes towards Iran.
— CNBC’s Emma Graham and Reuters contributed to this report.
