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The Ruwais oil refinery in the United Arab Emirates suspended production due to a drone attack near the facility, as reported by AFP. This incident led to the shutdown of one of the world's largest refineries.
Adnoc, the UAE's national oil company, announced that its operations are continuing despite ongoing regional developments.
Shell is reportedly in discussions with Adnoc and other potential buyers regarding the sale of a stake in Australia's North West Shelf LNG project.
Emirates airline announced the suspension of all flights to and from Dubai until further notice, as the company had been operating some flights via safe corridors.
The Adnoc boss and UAE minister Al Jaber met with Japan's Sanae Takaichi, emphasizing that energy security remains a priority but could be jeopardized by any disruption in the Strait of Hormuz.
ADNOC says it is managing offshore output, onshore operations continue Kuwait Times
Oil markets, currently closed for the weekend, could face significant price fluctuations next week, as it is still unclear what impact US and Israeli strikes will have…