UAE’s Fujairah port: The alternative source of oil supplies amid tensions at Strait of Hormuz

Описание: The current situation in the Strait of Hormuz is extremely tense and unstable, as it has effectively become a frontline in the ongoing conflict between Iran and the United States–Israel. Since late February, military strikes have disrupted shipping through the Strait, which carries roughly one-fifth of the world’s oil trade. Iran says the waterway is open to most countries but closed to ships linked to the US and Israel, which it considers “enemy vessels.”
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