Key facts
- Saudi Arabia and Qatar condemned Iran's attack on a UAE tanker in the Strait of Hormuz.
- The UAE accused Iran of piracy and violating UN resolutions.
- Abu Dhabi National Oil Company reported significant operational impacts from attacks.
- Adnoc Logistics & Services acquired 11 new vessels for $1.3 billion.
- Iran stated a deal with Oman regarding the Strait of Hormuz is close to completion.
Saudi Arabia and Qatar have condemned Iran's missile attack on a United Arab Emirates (UAE) tanker in the Strait of Hormuz, denouncing it as a violation of international law and maritime security. The UAE has accused Iran of piracy and breaching UN resolutions.
Abu Dhabi National Oil Company (ADNOC) reported significant operational impacts due to unprovoked attacks, with 15 vessels reportedly hit since the conflict began. In response to increased export needs amid the attacks, Adnoc Logistics & Services acquired 11 new vessels for $1.3 billion.
Meanwhile, Iran stated that a deal with Oman concerning the Strait of Hormuz is close to finalization.