Oil tankers have been clustering offshore Fujairah ever since the US and Israel launched their military campaign against Iran on 28 February. Tankers that had planned to sail through the Strait of Hormuz to load oil from the Gulf states are stuck outside, as owners and operators are unwilling to sail into the active war zone.
Fujairah is a vital component in the region’s energy sector, as the terminus for Adnoc’s Adcop crude oil pipeline that can deliver up to 1.8mn b/d of Murban crude to the port (MEES, 20 June 2025). This can then be exported on tankers to global markets, mitigating the impact of the Hormuz closure. (CONTINUED - 762 WORDS)
