MUMBAI, March 3 -- JSW Infrastructure Ltd has become the first Indian company directly affected by the ongoing US-Israel-Iran conflict, after a fire broke out at its oil storage terminal in Fujairah, United Arab Emirates (UAE).

Local media reported that an Iranian drone was intercepted over the Fujairah Oil Industry Zone (FOIZ) on Tuesday morning. Debris from the intercepted drone triggered a fire at the JSW Infrastructure facility, which has since been brought under control.

Mumbai-based JSW Group did not immediately respond to Mint's queries.

JSW Infrastructure, through its subsidiary JSW Terminal (Middle East) FZE, had acquired the Fujairah liquid storage terminal in November 2023 from Swiss commodity trader Mercuria Group. The faci...