An aerial view Port of Fujairah, United Arab Emirates in the strait of Hormuz, December 10, 2023. REUTERS/Stringer
By Anthony Di Paola, Salma El Wardany and Fiona MacDonald
Mar 17, 2026 (Bloomberg) –The key port of Fujairah in the United Arab Emirates has suspended oil loadings, according to a shipping agent and a person familiar with the matter, the latest halt after a series of earlier war-related strikes on the country’s only crude oil export route outside the Strait of Hormuz.
Loading berths at the Fujairah Oil Tanker Terminals, which handles liquid cargo including fuels, were halted as of Tuesday morning, according to a note from Inchcape Shipping Services. A terminal operated in a joint venture with Dutch firm Koninklijke Vopak NV has also suspended operations at its offshore mooring point, according to the note.
That’s a change from a report Monday evening that said the Oil Tanker Terminals were partially operational. A person close to the development had also said that crude oil loadings from Abu Dhabi National Oil Co. at the port remained suspended.
Fujairah is a major hub for both crude and fuels, and has taken on increased significance for both the UAE and global markets because of its position outside the Strait of Hormuz, which has been all-but-closed because of the war.
A Kuwait-flagged LPG tanker suffered minor damage after it was hit by drone debris off Fujairah, a person with knowledge of the matter said Tuesday.
© 2026 Bloomberg L.P.
Updated: May 27, 2026 (Originally published March 17, 2026)
This article contains reporting from Bloomberg, published under license.
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A cargo of oil from the U.S. Strategic Petroleum Reserve headed to California this month for the first time ever, ship tracking service Kpler said.
The world may need to find a way to get by on less oil and gas if the Strait of Hormuz remains closed much longer dueto the U.S.-Israeli war on Iran, Dallas Federal Reserve President Lorie Logan said on Wednesday.
Iran said the United States had violated a ceasefire after the U.S. conducted what it called defensive strikes in southern Iran, while U.S. Secretary of State Marco Rubio said negotiating a deal to halt the conflict could "take a few days."
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