As Iran intensifies its strikes on key energy nodes, a large natural gas field in the UAE has been ignited. Meanwhile, U.S. President Trump has called on allies to assist in reopening the Strait of Hormuz.
The drone attack on the Shah gas field occurred near the border between the UAE and Saudi Arabia. This marks the first time Iran has damaged the country's oil and gas upstream facilities during the conflict. The UAE government stated that operations at the gas field have been suspended, and there were no casualties on site. The gas field is jointly operated by the Abu Dhabi National Oil Company and Texas-based Occidental Petroleum.
Due to multiple drone and missile attacks, the UAE closed its airspace at night. Authorities reported that air traffic returned to normal on Tuesday morning. Just a day before the attack, Iran also struck a fuel depot at Dubai's main airport, causing a massive plume of smoke to rise over the world's busiest international transit hub and leading to a brief disruption of flights.
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.








Imagine stepping into a world where traditional finance meets the cutting-edge buzz of blockchain, much like blending a…








Key Takeaways The CFTC has unveiled a pilot program that allows futures commission merchants to accept Bitcoin, Ether,…

Key Takeaways Paxos has introduced USDG0, an omnichain version of its regulated stablecoin USDG, facilitating seamless operations across…

Key Takeaways Stablecoins promise near-instant, low-cost payments, but many blockchains still lag with varying settlement times and unpredictable…

