At Fujairah port in the United Arab Emirates (UAE), which serves as an alternative route to the Strait of Hormuz, oil loading operations resumed on the 15th, local time, a day after they were halted.
According to Bloomberg on the day, Fujairah port, located south of the mouth of the Strait of Hormuz, is the terminus of an oil pipeline, allowing the UAE to bypass the Strait of Hormuz and export oil through the port.
Fujairah port suspended oil loading for export after an Iranian Shahed drone attack the previous day led to a fire caused by debris that fell during interception. The fire was extinguished early that morning.
Iran's Fujairah attack came just hours after Iran warned of strikes on non-U.S. asset for the first time since the start of hostilities.
It is seen as retaliation for the U.S. military's strike on military targets on Kharg Island, Iran's largest crude oil export base.
Fujairah port is located in the Gulf of Oman, which connects to the Indian Ocean outside the Strait of Hormuz. It is linked to Abu Dhabi oil fields in the UAE by the approximately 400-kilometer onshore Abu Dhabi Crude Oil Pipeline (ADCOP). Through this pipeline, up to 1.8 million barrels of crude per day arrive directly at Fujairah port. Most of it is exported to Asia and Europe.