Oil prices soar after ‘treacherous’ Iran strikes UAE for first time since ceasefire

A large fire broke out at Fujairah oil port in the United Arab Emirates after a drone attack (Picture: @WarScopeGlobal/X)

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.