HFI Institute: UAE-designed Hormuz Oil "Ala Eshkol" Operation Failed The operation, planned by the United Arab Emirates with the participation of the US, produced oil from the Persian Gulf through the passage of a transport ship of the Straits and ship-to-ship transfers. The institute says that oil transit through the Strait of Hormuz has dropped to almost zero over the past month, following Iran's increased confrontation with the violators.