"The [expanded Iranian control] zone now covers waters off Fujairah, the UAE's diversion route for oil exports; if it is within the capabilities of the weakened Iranian army to enforce it, a blockade on Fujairah would further reduce global oil supplies marketed by up to 1.5-1.8 million barrels per day."tags: geostrategy, information, war, economy, oil, ormuz» original news (maritime-executive.com)
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"The [expanded Iranian control] zone now covers waters off Fujairah, the UAE's diversion route for oil exports; if it is within the capabilities of the weakened Iranian army to enforce it, a blockade on Fujairah would further reduce global oil supplies marketed by up to 1.5-1.8 million barrels per day."tags: geostrategy, information, war, economy, oil, ormuz» original news (maritime-executive.com)