economy

March 14, 2026

Some oil-loading operations in UAE hub of Fujairah suspended after fire: Reuters

Iran's Islamic Revolutionary Guards Corps said U.S. interests in the UAE including ports are targets after U.S. attack on Iranian island.

Some oil-loading operations in UAE hub of Fujairah suspended after fire: Reuters

TL;DR

  • Oil-loading operations in Fujairah, UAE, were suspended due to a fire.
  • The fire reportedly occurred after a drone was intercepted and debris fell.
  • The incident follows a U.S. attack on Iran's Kharg island.
  • Iran's Revolutionary Guard stated that U.S. interests in the UAE are now legitimate targets.
  • Brent crude oil futures have surged over 40% since the start of the Iran war.

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