A drone reportedly hit a fuel tank station in Abu Dhabi but operations were not affected, according to Al Arabiya
Newsquawk Staff ·
- The situation was immediately contained after the fuel tank station in was targeted in the Mashrif refinery.
What it means
The drone attack in Abu Dhabi, while concerning, resulted in no disruption to operations at the fuel tank station. This could suggest a limited immediate impact on oil supply or prices; however, keep an eye on broader geopolitical tensions that may escalate or influence sentiment in energy markets.
Sources
- ADNOC reportedly informed some Asian refiners that it may begin delivering Upper Zakum crude via a new pipeline to the Fujairah terminal in early 2027, allowing shipments to bypass the disrupted Strait of Hormuz, according to Bloomberg
- TTF rises to EUR 100/MWh for the first time since December 2022
- Russia and Azerbaijan are discussing natural gas swap supplies, reports Interfax
- US White House says the oil agreement with Venezuela will deliver a total of 65bln barrels
- Syria and Iraq discuss exporting Iraqi oil via the Baniyas pipeline
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