To prevent Iranian attacks, Oman fully evacuates key oil export terminals

Golden Ten Data reported on March 12 that, according to individuals who received direct notifications from port agents, Oman has evacuated all vessels from the key oil export terminal—Mina Al-Fahal Port—as a precautionary measure. Mina Al-Fahal Port, located outside the Strait of Hormuz, is one of the few ports still capable of shipping Middle Eastern crude oil to global markets. However, Iranian attacks in the region have rendered nearby waters unsafe. According to data intelligence company Kpler, Mina Al-Fahal Port exports about 1 million barrels of Omani crude oil per day. Loading operations at Fujairah Port in the UAE, also outside the strait, continue, but some shipowners are avoiding the port due to attack risks. Yanbu Port, located on Saudi Arabia’s Red Sea coast, remains able to export oil.