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Some Fujairah Oil Operations Suspended After Drone Attack, Fire

Bloomberg.com · last updated

A key Middle East trading hub in the United Arab Emirates suspended all oil loading after a drone attack and fire on Saturday morning, people familiar with the matter said.

Loading of crude and refined products at Fujairah, just outside the Strait of Hormuz, was halted as a precaution while damage is being assessed, according to the people, who asked not to be identified as they’re not authorized to speak to the media.