UAE Energy Chief Urges More Oil Storage, Refining Near Consumers
UAE's top energy executive called for expanded oil storage capacity and refining infrastructure positioned closer to end-users to mitigate supply disruption risks from Strait of Hormuz chokepoint. Reinforces geopolitical energy-supply concerns already priced into crude; traders watch BOC Macklem speeches (Nov 3, 5) and Annual Budget (Nov 5) for CAD...
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| ⚖️Is Forex Trading in UK Legal? | Yes |
| ⚖️Forex Trading Regulator | Financial Conduct Authority (FCA) UK |
| 📅 Date Established | 2013 |
| Investor Protection | Financial Services Compensation Scheme (FSCS) up to 85,000 GBP |
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