A household sits in opposition to the backdrop of a dockyard off the coastal metropolis of Fujairah, within the Strait of Hormuz within the northern Emirate on Feb. 25, 2026.
Giuseppe Cacace | Afp | Getty Pictures
A drone assault on the United Arab Emirates’ key oil buying and selling hub of Fujairah triggered a big hearth, authorities stated on Monday, with no accidents reported.
“Civil Protection groups within the Emirate instantly responded to the incident and are persevering with their efforts to manage it,” Fujairah Media Workplace stated on social media, in keeping with a Google translation.
The assault comes after a separate drone strike and hearth at Fujairah on Saturday, underlining the vulnerability of the UAE’s solely export route that bypasses the strategically very important Strait of Hormuz.
Delivery visitors via one of many world’s most essential power choke factors has nearly floor to a halt because the U.S. and Israel launched strikes in opposition to Iran on Feb. 28.
Iran has retaliated by focusing on ships making an attempt to move via the maritime hall, with a number of incidents reported in current days.
Fujairah sits on the finish of the UAE’s Abu Dhabi Crude Oil Pipeline (ADCOP), or the Habshan–Fujairah oil pipeline, which bypasses the Strait of Hormuz.
Spanning round 248 miles from onshore oil amenities at Habshan to Fujairah, the pipeline is estimated to deal with 1.5 million barrels per day, with a reported whole capability of near 1.8 million barrels per day.
Iran’s Islamic Revolutionary Guard Corps stated over the weekend that U.S. pursuits within the UAE, together with ports, docks and army areas, have been respectable targets.
Iran’s state media additionally warned residents and staff within the space of the Fujairah, Jebel Ali and Khalifa ports to evacuate as quickly as attainable, saying U.S. army forces have been current.
Oil costs prolonged positive aspects on Friday morning. Worldwide benchmark Brent crude futures with Might supply traded 3% larger at $106.18 per barrel, whereas U.S. West Texas Intermediate futures with April supply superior 2% to achieve $100.66.
Each contracts have surged greater than 50% over the previous month, reaching their highest ranges since 2022.
