Oman evacuates key oil terminal, Iraqi waters tanker attacked—Bloomberg

LootboxPhobia · 2026-03-12T04:24:30+00:00

Oman evacuates key oil export terminals as two crude oil tankers are attacked in Iraqi waters, escalating Middle East conflicts and increasing global energy supply risks. Iraqi oil terminals suspend operations, raising concerns over crude oil export disruptions, with Brent crude oil prices rising nearly 10%.

LootboxPhobia

2026-03-12 04:24:30

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Investing.com - Bloomberg reported on Thursday that Oman has evacuated its key oil export terminal, and two crude oil tankers were attacked in Iraqi waters. As conflicts in the Middle East escalate, global energy supply risks continue to rise.

The report cited sources familiar with the matter, stating that after port authorities issued notices, the ships were asked to leave Oman’s Mina Al Fahal port as a precaution.

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The report said the evacuation occurred after two crude oil tankers were attacked near the Iraqi coast.

These incidents prompted the Iraqi oil terminals to suspend operations, raising concerns about potential disruptions to oil exports from the region.

As ongoing conflicts threaten one of the world’s most critical oil supply corridors, these developments highlight increasing risks to energy infrastructure and shipping routes in the Gulf region.

Brent crude surged nearly 10% on Thursday, breaking above $100 per barrel.

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