The main port of Fujairah in the UAE was attacked again on Monday, forcing a suspension of oil loading and unloading, which pushed oil prices higher. This is the latest in a series of strikes against the port, which continues to threaten the UAE's only exit route bypassing the Strait of Hormuz.
According to Bloomberg, as a precautionary measure, Fujairah Port suspended all oil loading and unloading operations on Monday and began assessing the damage caused by the latest attack.
Just last Saturday, Fujairah Port was attacked by drones, causing a fire, but after emergency measures were taken, oil loading operations resumed over the weekend. The new round of attacks on Monday led to another shutdown of the port, highlighting the recurring and fragile security situation in the area.
Fujairah Port is a crucial hub for global crude oil and refined products. With the Strait of Hormuz nearly closed due to war, the strategic value of this port to the UAE and the global energy market has significantly increased. The interruption of loading and unloading directly impacts supply expectations, supporting higher oil prices. WTI crude rose 1.81% to $98.59 per barrel.
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/7985e13e-6c5f-4e18-bd47-39c7e053d7b8.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/7985e13e-6c5f-4e18-bd47-39c7e053d7b8.png"/>
<h2>Damage assessment ongoing, recovery timeline uncertain</h2>
Fujairah is located outside the Strait of Hormuz and is the only exit for the UAE to avoid this critical waterway. The port is directly connected to Abu Dhabi's main oil fields via a pipeline and plays an irreplaceable role in the UAE's export system by handling the distribution of crude oil and refined products.
As the war has nearly closed the Strait of Hormuz, Fujairah's importance in the regional and global energy supply chain has further increased, and any attacks on this port pose a direct threat to Middle Eastern oil export capacity.
According to media reports citing informed sources, the damage from the latest attack is still being assessed. The Abu Dhabi National Oil Company (ADNOC), which has oil loading facilities at Fujairah Port, has not responded to media requests for comments, and the Fujairah media office has also not responded immediately. There is currently no timetable for when oil loading and unloading at the port can fully resume

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The key hub Port of Fujairah in the UAE was attacked again on Monday, leading to a complete suspension of oil loading and unloading, causing oil prices to rise sharply, with WTI crude oil increasing by 1.81% to $98.59 per barrel. As the only export channel in the UAE that bypasses the Strait of Hormuz, this port holds significant strategic value during wartime. The extent of the port's losses is still being assessed, and the recovery time is yet to be determined

- Fujairah Port in the UAE was attacked again on Monday, halting oil loading and pushing prices higher.  
- This incident is part of a series of recent attacks that threaten Fujairah's role as the UAE's only bypass of the Strait of Hormuz.  
- Loss assessments are ongoing, and there is no timeline for when oil unloading operations will resume.

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The main port of Fujairah in the UAE has been attacked again, causing oil prices to rise