🚨 OIL CRISIS ALERT: UAE Bypasses Hormuz Amid Iran Attacks
The UAE is pumping hard through a second route, skipping the Strait of Hormuz! 🛢️
Fujairah port surged to ~1.9M bpd (up 57% from the yearly average)
Connected to Abu Dhabi via a 252-mile ADNOC pipeline
Hormuz shutdown has stopped ~15M bpd of Persian Gulf crude
Paired with Saudi Arabia’s Yanbu port (~7M bpd), these two are now the only major exit points for Gulf oil 🌍
⚠️ Iran has attacked Fujairah 7+ times in 4 weeks, destroying tanks & damaging loading facilities.
✅ Crude shipments have resumed, but refined products are still limited.
Without Fujairah and Yanbu, oil prices would explode 💥💰
#OilMarket #Fujairah #StraitOfHormuz #EnergyCrisis #MiddleEast
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