UAE says oil exports and energy services held through regional crisis amid strike fears

UAE says oil exports and energy services held through regional crisis amid strike fears

Speaking at ADIPEC in Abu Dhabi, the United Arab Emirates said its oil exports continued throughout the regional crisis and that energy services remained uninterrupted. Undersecretary of Energy and Petroleum Affairs Sharif Al Olama said the country had "proven ourselves during this crisis" and was using the experience to strengthen its energy infrastructure. He also said the sector had faced heavy pressure in the first months of the crisis, while senior officials at the event were focused on the risk of renewed military strikes in the region.

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Al Olama said the UAE's long-term decision to diversify its energy mix had helped keep systems operating, pointing to nuclear power, renewables and fossil fuels, with hydrogen and other future fuels still in development. He said investment in multiple export routes had helped keep oil moving to international customers, and that further improvements were expected over time. He added that lessons from the crisis were now being built into facility design, new capacity and redundancy across the system.

The comments matter because the UAE is a major energy supplier and Europe is among the markets watching regional supply stability closely. The remarks also come against the backdrop of wider concern over shipping and infrastructure security in the Gulf, where any disruption can affect tanker routes, insurance costs and market confidence. Al Olama said the country's renewable sector is also expanding, with around 8.2 gigawatts of solar capacity now in place and a target of 20 gigawatts and beyond.

The official framing places resilience at the centre of the UAE's energy strategy at a time of heightened regional uncertainty. It also suggests the country is trying to turn the crisis into a test case for infrastructure planning, export diversification and backup systems. That approach is likely to be closely watched by other producers and by buyers seeking more reliable supply chains.

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What remains unclear is how much operational strain the sector still faces and whether the threat of renewed strikes will affect future exports or investment plans. It is also not clear how quickly the planned infrastructure upgrades will be completed or how they will change export capacity. The next developments to watch are any further official detail on the UAE's energy expansion plans and whether regional security conditions worsen or ease.


Earlier reporting on this story — 5 Nov 2026 · 19:30

Iranian forces say five oil tankers and a tugboat have caught fire in a series of incidents in and around the Strait of Hormuz. The reports point to fresh disruption in one of the world's most sensitive shipping lanes, where traffic is already under heavy strain. The incidents were described as taking place in unsafe waters east of the strait and near its southern approaches.

According to statements carried by Iranian state-linked outlets, one large oil tanker attempting to pass through what Tehran called an illegal passageway south of the strait struck a mine and was brought to a halt. The Islamic Revolutionary Guard Corps said another supertanker was halted by a major fire while leaving the eastern Strait of Hormuz, and that a tugboat sent to extinguish the blaze also caught fire. The Iranian army later said three more tankers were hit by naval mines and ignited, including one early in the morning and two more around noon.

The British military also reported a separate incident off Qatar's coast, saying a tanker was struck by two projectiles about 50 nautical miles north of Madinat ash-Shamal at 23:20 GMT on Wednesday. The United Kingdom Maritime Trade Operations agency said it did not identify the tanker or the flag it was sailing under. There was no immediate claim of responsibility for that attack, and the reports did not say whether any crew members were injured.

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The Strait of Hormuz is a critical energy corridor, normally carrying about one-fifth of global oil consumption. Any sustained disruption there can affect shipping insurance, tanker routing and energy markets well beyond the Gulf. The latest reports therefore carry significance not only for maritime security, but also for the wider stability of global oil supply.

The incidents come against the backdrop of heightened tension around Iran and regional shipping. Iranian forces said shipping would remain in peril while the war on the country remains unresolved, linking the maritime events to the broader conflict. The reports also follow an earlier case in which a Qatari liquefied natural gas carrier was hit by unidentified objects while sailing in the Gulf, although that vessel was said to remain safe and operational.

What remains unclear is who carried out the attacks, whether the incidents are connected, and how much damage was done to the vessels involved. It is also not yet clear whether the fires have been contained or whether traffic through the strait has been further restricted. The next developments to watch are any confirmation of casualties, official attribution, and whether shipping operators alter routes or suspend transits through the waterway.

360LiveNews 360LiveNews | 07 Nov 2026 06:29 LONDON
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