UAE’s Fujairah Port Hit Again, Oil Loading Suspended

The key port of Fujairah in the United Arab Emirates was hit again on Monday. The damage from the latest strike was being assessed, people familiar with the matter said. The site is the only outlet for the country that bypasses the Strait of Hormuz and oil loading at the port had restarted over the weekend after a drone strike caused a fire on Saturday. Bloomberg’s Joumanna Bercetche reports.