Oil exports resume at key UAE port after drone strike — Bloomberg

Oil-loading operations at Fujairah Port in the United Arab Emirates have resumed after a drone strike and fire on March 14 forced a halt to exports.

The port, which sits outside the Strait of Hormuz, has restarted operations, according to people familiar with the situation, who can’t be identified as they are not authorised to comment, Bloomberg reports.

Calls to the port, as well as state-owned Abu Dhabi National Oil Co., were not answered.

The blaze was extinguished as of early Sunday morning, Bloomberg News reported earlier.

Fujairah sits at the end of a pipeline allowing the UAE to bypass the Strait of Hormuz, the world’s most important oil choke point that has been all-but-closed because of the war between the US, Israel and Iran. A drone was intercepted Saturday and falling debris caused the fire, Fujairah’s media office said.

By Khagan Isayev