Operations at the United Arab Emirates' Shah gas field remain suspended following a drone attack, while a fresh attack caused a fire in the port of Fujairah, a key export terminal where oil loading has been halted.

Following a drone attack and fire that suspended oil loadings, analysts are explaining why the port of Fujairah is crucial to the global oil market. The port is a major hub for oil exports and ship refueling.

The Emirati national oil company Adnoc has suspended crude oil loadings at the port of Fujairah following an incident involving an explosion caused by multiple drones.

The Port of Fujairah, a major global hub for refuelling and crude/fuel exports, is highlighted for its critical role in the oil market, following recent reports of suspended operations after a drone attack.