Crude oil prices rose up to 3 per cent on March 17 as fresh drone strikes by Iran on energy infrastructure continued to instigate fears of a global energy crisis.
Crude Prices Continue To Climb After Fresh Iranian Drone Strikes On UAE's Fujairah Oil Industry Zone
Crude Oil Price Today: Crude prices continued to rise after a brief pause, as fresh Iranian drone strikes hit the UAE’s Fujairah Oil Industry Zone, raising concerns over energy supply disruptions
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Early morning on March 17, Iranian drones struck the Fujairah Oil Industry Zone in the United Arab Emirates, triggering a fire, the emirate’s media office said, citing authorities. Officials reported no injuries.
In another incident earlier today, Iran fired drones and rockets at the US Embassy in Baghdad. Iraqi security sources described it as the most intense assault since the attacks began.
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