US energy department confident oil tanker attacks won't effect global supply Unlisted Video
4 years ago
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Fujairah emirate
Strait of Hormuz
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oil markets
crude oil
oil tankers
According to Reuters, global oil markets have not been effected by an attack on four oil tankers.
Over the weekend, four vessels were damaged off the coast of the United Arab Emirates, including two ships from Saudi Arabia.
The attack took place near the Fujairah emirate, which is located where the Strait of Hormuz meets the Gulf of Oman.
The area is one of the largest bunkering hubs for crude oil shipping.
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