With their location trackers shut off to avoid Iranian attacks, the United Arab Emirates and buyers have recently sailed several tankers loaded with crude through the Strait of Hormuz in a bid to move oil bottled up in the Gulf by the Middle East conflict, according to industry sources and shipping data, Reuters reported.
The volumes are a fraction of the UAE's typical exports before the US-Israeli war on Iran, but they demonstrate the risks the producer and buyers are willing to take to free up oil sales.
