(EnergyAsia, July 26 2012, Thursday) — The UAE has exported its first crude oil cargo from a new offshore terminal in Fujairah on the Gulf of Oman amid growing fears that Iran might shut down the crucial Strait of Hormuz through which about a third of the world’s oil flows. The cargo was exported to…
UAE: New oil terminal exports first cargo amid fears of Strait of Hormuz closure
Posted on July 25, 2012 by EnergyAsia