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 three missiles launched from Iran, while a fourth fell into the sea.
A large fire broke out at the key UAE oil port after a drone attack from Iran, officials said.
Authorities said that three people – all Indian nationals – were taken to hospital for treatment after the strike on the Fujairah Oil Industry Zone.
The news sent Brent crude oil prices spiking to $115 a barrel – its highest level of the day.
Fujairah lies on the east coast of the UAE, beyond the Strait of Hormuz.
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Oil prices had hit $114 earlier today after reports that Iran’s military had struck an American destroyer, but fell when the US confirmed its ships had not been hit.
The UAE said it reserves the right to respond to Iranian attacks, labelling the strikes ‘treacherous’.
As the attack was unfolding, Donald Trump said US forces hit seven Iranian ‘small boats’ in the Strait of Hormuz.
In a brief post on Truth Social, the President said Iran has ‘taken some shots at unrelated nations’, including a South Korean cargo ship.
He went on: ‘We’ve shot down seven small Boats… It’s all they have left. Other than the South Korean Ship, there has been, at this moment, no damage going through the Strait.’
The Iranian attack on the UAE is the first time the Gulf country has been targeted since the shaky ceasefire between the clerical Regime and the U.S. took hold almost four weeks ago.
Iran handed over its latest proposal for negotiations with the U.S. to mediators in Pakistan, Iran’s state-run IRNA news agency reported Friday.
Trump subsequently said he’s ‘not satisfied’ with it, but did not elaborate on the proposal’s apparent shortcomings.
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