There was an explosion outside Oman's main oil terminal. It halted shipments
It is one of the few terminals in the Middle East that has continued to ship oil from the region after the closure of the Strait of Hormuz
Photo: youledtayif / Shutterstock
Oman's main oil export terminal, Mina al-Fahal, has suspended oil shipments, Reuters and Bloomberg reported, citing sources familiar with the situation: there was an explosion near its berths, where - without entering the port - tankers are moored to load or unload oil, the agencies' interlocutors said.
Against this background, prices for Brent oil with delivery in August jumped to almost $96 per barrel (at the time of publication they have slowed down - they are trading slightly more expensive than yesterday's closing - at $95.18). American WTI costs $92.85.
Because of the explosion, already scheduled shipments from the Mina al-Fahal terminal were delayed for several days, according to Bloomberg sources.
Oman's state-owned Petroleum Development Oman, which is responsible for oil production and shipment, did not promptly respond to reporters' inquiries.
Oman's Mina al-Fahal oil terminal outside the Strait of Hormuz - during the war was one of the few points in the Middle East where oil and petroleum products from the region were shipped, Bloomberg points out.
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