Oil prices climbed more than 1% to their highest level in two weeks after a drone struck the Barakah nuclear power plant in the United Arab Emirates. The attack hit an electrical generator outside the facility’s inner perimeter, sparking a fire but causing no injuries and leaving radiological safety levels unaffected.
What happened at Barakah
The drone strike targeted the Barakah plant, located in the UAE’s Al Dhafra region. The fire was contained to an electrical generator positioned outside the plant’s core security perimeter, meaning the nuclear facility itself was never directly compromised.
Authorities confirmed that no one was hurt and that radiation levels remained normal. The UAE had not confirmed the origin of the drone at the time of the initial reports.
Why oil markets cared immediately
