Attacks on UAE’s Fujairah port, Shah gas field add to energy disruptions
Operations at the United Arab Emirates’ Shah gas field remained suspended on Tuesday following a drone attack, while a fresh attack caused a fire in the port of Fujairah, a key export terminal where oil loading by state firm ADNOC has been halted.
The cascading disruptions threaten to completely sever the OPEC producer’s remaining crude export outlet from global markets, potentially deepening a crisis that has sent energy prices surging.
The UAE’s other export hubs are located within the Gulf...