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Oil rises after UAE says Adnoc-linked tanker attacked by Iran

By CityCalc Newsroom · Mon May 04 2026 · Source: AGBI

Oil prices rose after the UAE strongly condemned an alleged Iranian drone strike on a tanker linked to state-owned Abu Dhabi National Oil Company (Adnoc) as it attempted to pass through the Strait of Hormuz. Brent crude prices increased by 3.4 percent to about $112 a barrel afte…

Oil prices rose after the UAE strongly condemned an alleged Iranian drone strike on a tanker linked to state-owned Abu Dhabi National Oil Company (Adnoc) as it attempted to pass through the Strait of Hormuz. Brent crude prices increased by 3.4 percent to about $112 a barrel afte…

Curated by CityCalc from AGBI. Read the full article at the source.

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