A drone strike on ADNOC's Ruwais refinery in the UAE has led to its temporary shutdown, according to a Reuters source. The refinery, one of the largest in the Middle East, processes over 1.2 million barrels of crude oil daily. The attack occurred amid heightened regional tensions and follows previous disruptions in Gulf energy infrastructure. ADNOC has not disclosed the extent of damage or when operations might resume. This incident could exacerbate global oil supply concerns, potentially pushing crude prices higher. Markets are already sensitive to Middle East geopolitical risks, and any prolonged disruption at Ruwais—handling 10% of the UAE’s total refining capacity—would amplify volatility. Traders should monitor ADNOC’s statements and regional security developments for further clarity. For Gulf investors, the shutdown underscores vulnerabilities in energy infrastructure and may prompt OPEC+ to adjust production strategies. Key risks include retaliatory strikes or escalation in the region. Watch for updates on refinery status, oil price movements, and potential policy responses from UAE authorities.

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