Oman’s Mina al Fahal terminal halts Oil loading after alleged drone attack – Reuters
Citing two people familiar with the matter, Reuters reported on Friday that Oman’s Mina al Fahal terminal has halted crude oil loading, following an explosion near its single-buoy mooring (SBM) berths.
Additional details
Alleged drone attack.
Mina al Fahal is located on the Gulf of Oman, outside the Persian Gulf, marking a geographical extension of infrastructure disruption beyond the Strait of Hormuz zone.
The cause of the explosion has not been confirmed yet.
Market reaction
The potential escalation in the Gulf conflict seems to have little to no impact on Oil prices, with WTI swinging between gains and losses around the $91 mark, as of writing.
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