The skinny waterway, the gateway for a third of all crude oil by tanker, has become a security risk that could threaten the oil market.
Tag: Fujairah (United Arab Emirates)
Tankers Are Attacked in Mideast, and U.S. Says Video Shows Iran Was Involved
Explosions disabled both tankers and forced their crews to evacuate. Secretary of State Mike Pompeo said without presenting evidence that Iran was responsible.
Tankers Attacked Again in Gulf of Oman, Raising Fears of Wider Conflict
Two tankers have been hit, forcing their crews to abandon ship, near where four tankers were damaged last month. It was not clear who carried out the attacks.
Saudi Oil Infrastructure at Risk as Small Attacks Raise Potential for Big Disruption
Saudi Arabia spent heavily to protect its oil production lines but rapid changes in technology may mean ports and pipelines are increasingly exposed in the turbulent region.