Fujairah: oil depot hit by Iran

Footage from the Fujairah port in the United Arab Emirates shows an oil depot on fire following an attack allegedly carried out by Iran. UAE authorities reported that major fuel storage tanks were destroyed. Fujairah is one of the world's largest oil storage hubs and is located outside the Strait of Hormuz, making it strategically important for the global oil market.

UAE authorities warn of serious consequences for fuel supplies. There is no official confirmation of the full extent of the losses, but photos and videos confirm the presence of fire and damage. Judging by comments, experts are assessing potential losses in oil reserves accounting.

The situation remains under investigation, and global energy analysts are closely monitoring developments.

Context

Fujairah is one of the largest hubs in the world for storing oil products and is located outside the Strait of Hormuz.