UAE Oil Partners Told to Pick Up Barrels From Port Behind Hormuz

Abu Dhabi National Oil Co. has instructed its onshore oil partners to collect Murban crude from the port of Jebel Dhanna, located behind the Strait of Hormuz, which may indicate a strategic move to reduce reliance on the vulnerable Hormuz shipping route. This decision could have implications for global oil supply and trade routes. The move may also reflect concerns about potential disruptions to oil exports through the Strait of Hormuz.