Fujairah Port oil exports fell sharply after the recent attack, dropping to 500K BPD on 5th May (vs 30-day average of 3.5-4mln), Windward data shows

Context

The significant drop in oil exports from Fujairah Port to 500K BPD, down from a 30-day average of 3.5-4 million BPD, suggests a substantial supply-side disruption likely driven by the recent attack. This sharp decline may put upward pressure on global oil prices, especially for benchmark crude like WTI, while also raising concerns about supply stability in the region.

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