"Blessed by Geography, Fujairah Flexes New Clout"

"Fujairah is emerging from its status as a back-water. The United Arab Emirates, led by Abu Dhabi, is turning the little emirate into an export hub for its oil in case of trouble from Iran."

"Fujairah is also turning into an oil products trading hub and now rivals Singapore and Rotterdam in traffic in bunker fuel, the thick stuff that powers ships. Traders say Fujairah also sees sales of Iranian crude at discounted prices to those who dare to buy it.

Fujairah is the only one of the U.A.E.’s seven sheikdoms located outside the eastern entrance to the Strait of Hormuz, a slim waterway through which one-fifth of the world’s oil supplies from places like Saudi Arabia and Kuwait are exported."

Ayesha Daya reports for the New York Times October 1, 2013.

Source: NY Times, 10/03/2013