Fujairah bunker fuel sales dropped significantly in early 2026. This decline occurred after the U.S.-Iran war impacted supplies near the Strait of Hormuz. Zhoushan port in China is now set to overtake Fujairah as a major hub. Supply disruptions continued to affect Fujairah's market throughout the period. Inventories briefly rebounded after a ceasefire but remained uncertain.

Iran attacks oil tankers, shutting UAE's Port of Fujairah. Strait of Hormuz traffic returns to normal by August 31 at 10.5% YES.

Fujairah bunker fuel sales dropped significantly in early 2026. This decline occurred after the U.S.-Iran war impacted supplies near the Strait of Hormuz. Zhoushan port in China…