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UAE Accuses Iran Of Hitting Oil Sector, World Leaders Condemn Dangerous Escalation
Several countries have condemned Iran and called an attack on oil facilities in the United Arab Emirates a dangerous escalation. The UAE claimed IT was hit by an Iranian drone on May 4. This comes as both the US and Iran fired shots in the Strait of Hormuz amid a fragile cease-fire.
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huffpost.com
Oil Prices Jump 6% As Iran Sets UAE Oil Port Ablaze, Strikes Vessels In Strait Of Hormuz
Prices were already trading up in the session on continued disruptions to oil supplies through the strait.
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dailysabah.com
Iranian drones target oil facility in UAE's Fujairah
The United Arab Emirates said Monday it detected four cruise missiles launched from Iran toward the port city of Fujairah, adding that air defense systems...
