Abu Dhabi National Oil Co. has begun selling significant volumes of Persian Gulf crude to Asian traders and refiners, marking the first tenders of such grades since the Iran war commenced. The sales signal continued regional energy market shifts amid geopolitical tensions.

At least 14 million barrels of UAE crudes including Upper Zakum, Umm Lulu and Das have been sold through tenders concluded late last week. Adnoc currently runs another tender with similar terms closing this week, with market observers expecting additional volumes to be purchased by Asian buyers.

The sales reflect UAE's strategic response to changing energy dynamics in the Gulf region. Asian refiners benefit from increased supply options while Adnoc maintains market presence amid geopolitical tensions that have disrupted traditional oil trade routes, potentially creating new long-term supply relationships.