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Saudi Arabia says its oil tankers among those hit

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DUBAI/LONDON: Saudi Arabia said on Monday that two of its oil tankers were among those attacked off the coast of the UAE and described it as an attempt to undermine the security of crude supplies.


The UAE said on Sunday that four commercial vessels were sabotaged near Fujairah emirate, one of the world’s largest bunkering hubs lying just outside the Strait of Hormuz. It did not describe the nature of the attack or say who was behind it.


The UAE had not given the nationalities or other details about the ownership of the four vessels. Riyadh has identified two of them as Saudi and a Norwegian company said it owned another.


Reuters images showed the fourth vessel was the UAE-flagged A Michel, a fuel bunker barge.


Thome Ship Management said its Norwegian-registered oil products tanker MT Andrew Victory was “struck by an unknown object”. Footage seen by Reuters showed a hole in the hull at the waterline with the metal torn open inwards.


A Reuters witness said divers were inspecting the damaged ships on Monday. Iran’s Foreign Ministry called the incidents “worrisome and dreadful” and asked for an investigation into the matter.


Highlighting international concerns, Britain’s Foreign Minister Jeremy Hunt warned of the risks of “a conflict happening by accident”.


A fifth of global oil consumption passes through the Strait of Hormuz from Middle East crude producers to major markets in Asia, Europe, North America and beyond. The narrow waterway separates Iran from the Arabian Peninsula.


Iran’s Revolutionary Guards threatened last month to close the chokepoint if Tehran was barred from using it.


Oil prices rose on Monday, with Brent crude futures at $72.08 a barrel by 1416 GMT, up $2.07.


Saudi Energy Minister Khalid al Falih said that one of the two Saudi vessels was attacked in the UAE economic zone on its way to be loaded with Saudi crude from Ras Tanura port for delivery to state-owned Aramco’s customers in the United States.


The attack did not cause any casualties or an oil spill but caused significant damage to the vessels’ structures, he said in a statement.


Trading and shipping sources identified the Saudi vessels as very large crude carrier (VLCC) tanker Amjad and crude tanker Al Marzoqah, both owned by Saudi shipping firm Bahri, which did not respond to a Reuters request for comment.


The UAE Foreign Ministry had said there were no casualties and the Fujairah port operations were normal. An investigation was launched in coordination with international authorities, it said, calling on global powers to prevent any parties trying to harm maritime safety and security.


Dubai and Abu Dhabi stock markets suffered their biggest single-day declines in years on Monday, with Dubai falling 3.97 per cent. Saudi shares lost 3.55 per cent.


Falih said the attack aimed to undermine maritime freedom and the security of oil supplies to consumers worldwide. “The international community has a joint responsibility to protect the safety of maritime navigation and the security of oil tankers, to mitigate against the adverse consequences of such incidents on energy markets and the danger they pose to the global economy,” he said.


Iranian Foreign Ministry spokesman Abbas Mousavi said the incident “has a negative impact on maritime transportation security” and asked regional countries to be “vigilant against destabilising plots of foreign agents”, the semi-official ISNA news agency reported.


The US Maritime Administration said in an advisory on Sunday that incidents off Fujairah had not been confirmed and urged caution.


 — Reuters


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