The Middle East energy hub suffers another blow as a fire at the UAE storage and transportation center intensifies supply disruption fears.
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Golden Ten Data reported on March 3 that this is the latest in a series of incidents in the Middle East affecting major energy facilities. Civil defense teams are working to control the fire. Earlier on Tuesday, another fire was reported in the region, and the operations of a major oil storage terminal and a refinery had been suspended the previous day. Fujairah also serves as a key alternative export route for the UAE through a pipeline connecting the region's storage tanks with Abu Dhabi oil fields. Nevertheless, the capacity of this pipeline is still insufficient to fully replace all oil flows from the UAE through the Persian Gulf and the Strait of Hormuz.
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