JOURNAL ARTICLE

UAE Tells Some Oil Buyers to Pick Up Gulf Supply Outside Hormuz.

  • Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Chin, Yongchang 3 of 3

Abstract

The article focuses on Abu Dhabi National Oil Co. (Adnoc) offering some term customers the option to load oil cargoes, including the Upper Zakum grade, via ship-to-ship (STS) transfer off Fujairah, outside the Persian Gulf. This marks a shift from the usual loading at Zirku Island within the Persian Gulf, potentially allowing shipments to avoid the Strait of Hormuz, where transit is restricted by Iranian and American blockades. While the UAE has a pipeline to Fujairah mainly used for Murban crude, it is unclear how Upper Zakum shipments are reaching Fujairah for STS transfer. The article also notes regional adjustments, such as Saudi Arabia diverting oil shipments to the Red Sea port of Yanbu, amid ongoing risks and cost concerns for cargo pickups near Fujairah. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/04, pN.PAG
  • Document Type:Article
  • Subject Area:Power and Energy
  • Publication Date:2026
  • Accession Number:193314480
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