Oil prices soar after 'treacherous' Iran strikes UAE for first time since ceasefire
- Posted on May 4, 2026
- By Bing News
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- 1 min read
Oil prices soar after 'treacherous' Iran strikes UAE for first time since ceasefire
Oil prices have soared again after Iran struck the United Arab Emirates in the first attack since the ceasefire. The Gulf state said its air defences intercepted 12 ballistic missiles, three cruise missiles, and four drones launched from Iran. A large fire broke out at the key UAE oil port after a drone attack from Iran, officials said. Authorities...