{"id":93791,"date":"2026-03-17T00:00:00","date_gmt":"2026-03-17T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?p=93791"},"modified":"2026-03-17T06:47:19","modified_gmt":"2026-03-17T06:47:19","slug":"today-more-industries-supply-chains-affected-by-hormuz-action","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2026\/03\/17\/today-more-industries-supply-chains-affected-by-hormuz-action\/","title":{"rendered":"TODAY: More industries, supply chains affected by Hormuz action"},"content":{"rendered":"

Good morning, wonderful people. <\/strong>The aviation and energy sectors aren\u2019t getting a breather \u2014 both are back in the line of fire after fresh strikes in the UAE, just as the region was starting to adjust to disruption.<\/p>\n

In today\u2019s issue, we ask what breaks if the war drags on. <\/strong>We look beyond oil and fertilizers to the industries most exposed to Hormuz. Let\u2019s dive in\u2026<\/p>\n

\n

Watch this space<\/p>\n

<\/a> DISRUPTION WATCH \u2014 Aviation and oil operations still in limbo: <\/strong>Plumes of smoke clouded Dubai for hours yesterday as a strike hit a fuel tank in Dubai International Airport (DXB). The UAE temporarily closed its airspace as a precautionary measure early this morning, as the General Civil Aviation Authority (GCAA) aims to \u201c[ensure] the safety of flights and air crews, and [safeguard] the UAE\u2019s territory,\u201d Wam<\/a> reports. Airspace was re-opened later after \u201cthe stabilization of the situation,\u201d Wam<\/a> reports, citing the GCAA.<\/p>\n

The setback came just as the air front had started straightening itself out. <\/strong>Flight volumes had begun to edge back after weeks of disruption, with Emirates said to have returned to over half of its former capacity, according to Flightradar24 data cited here<\/a>.<\/p>\n

Fujairah keeps getting reminded why geography matters<\/strong>: A drone strike hit the petrochemicals area near Port of Fujairah again yesterday, triggering a fire and forcing oil loadings to pause while damage is assessed, Bloomberg<\/a> reports, citing people it says are familiar with the matter. Wam<\/a> later said civil defense teams were deployed to contain the fire in the Fujairah Oil Industries Zone, with no injuries reported. A second fire broke out<\/a> in the zone in the early hours of this morning after yet another drone attack. <\/p>\n

The disruption is the port\u2019s second shutdown in three days. <\/strong>Loadings had only just resumed<\/a> over the weekend after a previous drone strike set part of the complex ablaze on Saturday, before the latest attack forced another precautionary suspension.<\/p>\n

Abu Dhabi National Oil Company (Adnoc) suspended all crude loading operations at the <\/strong>port<\/strong> after one of the state oil giant\u2019s crude terminals was struck in the attack, Reuters<\/a> reports, citing a source it says is in the know.<\/p>\n

ALSO- <\/strong>Operations were suspended at the Shah oil field<\/a> \u2014 the largest of its kind worldwide \u2014 while officials assess the damage from a drone strike, which resulted in a now-contained fire. The high-sulfur gas field \u2014 located southwest of Abu Dhabi \u2014 is jointly operated by Adnoc and Texas-based Occidental Petroleum. <\/p>\n

\n

\n

<\/a><\/strong> OIL<\/strong> \u2014 Asia looks <\/strong>to the US to<\/strong> diversify oil sources beyond the Middle East: <\/strong>The Hormuz chokepoint is pushing Asian countries to seek US energy suppliers as alternatives to reduce Middle East dependence, Bloomberg<\/a> reports. US companies have secured USD 50 bn worth of agreements in the past 48 hours, US Environmental Protection Agency Administrator Lee Zeldin told the business information service.<\/p>\n

The kicker: <\/strong>It would currently take around eight days to ship from the US, compared to 28 days from the Middle East via the now-restricted Strait of Hormuz. This is pushing Indo-Pacific countries to gravitate toward US energy exports, prioritizing logistical reliability over potential volatile tariff policies, Zeldin said.<\/p>\n

\n

\n

<\/a> TRADE \u2014 Gas keeps flowing where ships can\u2019t go:<\/strong> Iranian gas deliveries to Iraq jumped<\/a> from 6 mn cbm to 18 mn cbm over the past week. Iraq is still months away from receiving its first LNG cargo<\/a> via Excelerate Energy\u2019s FSRU \u2014 part of a plan to hedge against exactly this kind of supply volatility \u2014 which would still have to sail through Hormuz. <\/p>\n

Meanwhile, one exporter is still moving barrels:<\/strong> Iranian crude exports have continued to flow through Hormuz even as shipments from several Gulf producers stall, with tanker tracking firms estimating that Iran shipped<\/a> some 1.5 mn bbl \/ d since the start of the month \u2014 a total of around 13.7-16.5 mn bbl. <\/p>\n

Baghdad<\/strong> is also trying to build a northern fallback.<\/strong> Iraq plans<\/a> to revive a long-disused section of the Kirkuk-Ceyhan pipeline to move crude directly to Turkey\u2019s Ceyhan port without crossing the Kurdistan region. <\/p>\n

\n

Market watch<\/p>\n

Oil prices increased this morning on supply fears as Hormuz remained largely shut and <\/strong>allies declined naval escorts, <\/strong>Reuters<\/a> reports. Brent crude futures climbed USD 2.74 to trade at USD 102.95 \/ bbl by 03.57 GMT, while US West Texas Intermediate (WTI) gained USD 2.45 to USD 95.95 \/ bbl.<\/p>\n

\n

\n

The<\/strong> Baltic Index keeps edging higher: <\/strong>The Baltic Exchange\u2019s dry bulk index \u2014 which tracks rates for the capesize, panamax, and supramax vessel segments \u2014 rose<\/a><\/a> 0.5% to 2,038 points on Friday, following a 2.8% gain in the previous session. The capesize climbed 1.6% to 2,927 points, and the panamax index slipped 0.1% to 1,836, while the smaller supramax index fell 1.2% to 1,268 points.<\/p>\n

\n

Data point<\/p>\n

JOD 7 bn \u2014 that\u2019s the <\/strong>value<\/a><\/strong> of Jordan\u2019s exports to freetrade partner <\/strong>countries in 2025<\/strong>, which absorbed 73% of total exports from a national export base of JOD 9.6 bn, across markets including the US, the EU, the Great Arab freetrade area, Singapore, Canada, and the UK.<\/p>\n

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What we\u2019re tracking this morning regionally and around the world<\/p>\n","protected":false},"author":1,"featured_media":93792,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[980],"tags":[183,145,17,119,35,983,32,129,16],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-93791","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today-2","tag-adnoc","tag-aviation","tag-enterprise-logistics","tag-iran","tag-iraq","tag-oil-gas","tag-trade","tag-uae","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"2abd626f-814b-421f-9510-a7be7f3a5114","order":"2","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2026\/3\/895.jpg","photo_position":"above","homepage_title":"","full_issue_title":"TODAY: 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