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Iran Steps Up Strikes on Oil Hubs Across Persian Gulf
Posted
March 17, 2026
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March 17, 2026
58,974
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0:17Now PlayingA large gas field in the United Arab Emirates was set ablaze after a drone strike, and a vital oil port was halted again, piling pressure on energy markets and supply. #iran #politics #worldnews #trump #usa #israel
The conflict has resulted in a near shutdown of the vital Strait of Hormuz, causing large disruptions to energy flows and reverberating through markets worldwide, with crude oil prices surging to above $100 a barrel.
The UAE's key port of Fujairah suspended loadings again after some operations resumed briefly the previous day, with loading berths at the Fujairah Oil Tanker Terminals halted as of Tuesday morning.
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