UAE's main port of Fujairah attacked again, oil prices surge

SnapshotLaborer · 2026-03-16T11:22:28+00:00

The Port of Fujairah in the UAE has recently been attacked again, forcing a suspension of oil loading and unloading activities and causing oil prices to rise. This port is the UAE's only outlet to bypass the Strait of Hormuz and faces security threats, which have significant impacts on the global energy market. Damage assessments are still ongoing, and the recovery timeline is uncertain.

SnapshotLaborer

2026-03-16 11:22:28

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UAE’s main port of Fujairah was attacked again on Monday, forcing a halt in oil loading and unloading, pushing oil prices higher. This is the latest in a series of recent strikes against the port, continuing to threaten the UAE’s only export route bypassing the Strait of Hormuz.

According to Bloomberg, as a precaution, Fujairah Port suspended all oil loading and unloading operations on Monday and is assessing damages caused by the latest attack.

Last Saturday, Fujairah Port was targeted by a drone attack that caused a fire. After emergency response, oil loading resumed over the weekend. However, the new round of attacks on Monday caused the port to shut down again, highlighting the ongoing instability and fragility of the local security situation.

Fujairah Port is a major hub for crude oil and refined products globally. Due to the war that has nearly closed the Strait of Hormuz, the strategic value of this port for the UAE and the global energy market has significantly increased. Disruptions in loading and unloading directly impact supply expectations, supporting higher oil prices. WTI crude rose 1.81% to $98.59 per barrel.

Assessment of damages ongoing; timing for resumption of operations unknown

Located outside the Strait of Hormuz, Fujairah is the UAE’s only exit avoiding this critical waterway. The port is directly connected to Abu Dhabi’s main oil fields via a pipeline and serves as a distribution hub for crude and refined products, making it an indispensable part of the UAE’s export system.

As the war has nearly closed the Strait of Hormuz, Fujairah’s importance in regional and global energy supply chains has further increased. Any attack on the port directly impacts Middle Eastern oil export capacity.

Media sources citing insiders say the damages from the latest attack are still being assessed. Abu Dhabi National Oil Company (ADNOC), which owns oil loading facilities at Fujairah, has not responded to media requests for comment, nor has the Fujairah media office. There is no timetable for when port operations might fully resume.

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