Iran launched drone attacks against the Shah gas field and Fujairah oil hub in the United Arab Emirates. The strikes forced a suspension of operations at the gas field and halted crude loadings at the Fujairah port. These attacks represent a significant escalation by targeting facilities beyond the blockaded Strait of Hormuz.
The strikes reportedly halved the UAE's total oil production. This disruption further tightens global energy supplies as the regional war enters its third week. Fujairah serves as a strategic bypass for the Strait of Hormuz, which Iran has effectively closed.
Brent crude prices rose above $103 per barrel following the news. Market fears of wider conflict increased as U.S. efforts to form a naval coalition faced public reluctance from allies like France.