Oman's Mina al Fahal Terminal Halts Oil Loading After Suspected Drone Attack
Crude oil loading at Oman's Mina al Fahal terminal was suspended following an explosion near its single-buoy mooring, reportedly caused by a drone attack, according to Reuters sources.
Oman's Mina al Fahal crude oil terminal has stopped loading operations after an explosion struck its single-buoy mooring (SBM), two people familiar with the matter told Reuters. The incident is suspected to be a drone attack.
The halt threatens to disrupt oil exports from the terminal, which handles a significant portion of Oman's crude shipments. The news emerged on Friday, adding to supply concerns in the global oil market.
No official confirmation from Omani authorities has been released yet. The market is monitoring the situation for potential impacts on crude supply and pricing.
Source: FXStreet Forex News