Oil surges as Strait of Hormuz tensions escalate after UAE drone strike
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Source: Middle East Eye
Published: 2026-05-05 02:10 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Energy, War & Conflict
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Snippet:
Oil prices have jumped sharply as tensions around the Strait of Hormuz intensify following a reported drone strike on an energy facility in the United Arab Emirates.
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