Iran Lit the Port That Got the UAE Out of OPEC
Three days after the UAE's OPEC exit took effect, Iran put a drone into the port that justified the exit. The Fujairah Oil Industry Zone is on fire, an empty ADNOC tanker is hit off Oman, and Brent is up 6%. The Habshan-Fujairah pipeline still flows. The premise that Fujairah was outside the war does not.