Realistically speaking, we will probably be down about 5 percent this year with the information we have today, just based on the inventory levels across the country from the import side of the business. Executives tell me that they are not willing to risk the safety and the lives of their crew, talk about insurance and caravans to go through the strait are nowhere near where we need to be. Well, this goes well beyond what we had seen before, with the attacks on the fueling stations at the Dubai airport, the Fujairah port, which is on the other side of the strait.
Author: Geoff Bennett, Karina Cuevas
Published at: 2026-03-17 22:30:46
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