A fire broke out at the Fujairah Oil Industry Zone following an Iranian drone strike, injuring three Indian workers. The UAE Ministry of Defence reported intercepting three incoming missiles over territorial waters, while a fourth fell into the sea. The strategic hub hosts the Abu Dhabi Crude Oil Pipeline terminal bypassing the Strait of Hormuz.
French artificial intelligence firm Mistral AI is considering investing in UAE data centres as part of a regional infrastructure expansion, according to chief executive Arthur Mensch. Speaking at the AI Everything summit in Abu Dhabi, Mensch praised the UAE's sovereign cyber defence capabilities in repelling digital threats. The company also announced the launch of its Mistral Large 4 model, designed to compete with open-source models from China.
China Daily reported that the United States is evaluating follow-up military strategies regarding Iran following a reported Camp David meeting, as Iran enforces a shipping blockade in the Strait of Hormuz. Iranian media reported that seven oil tankers were targeted in the waterway over five days, while Yemen's Houthi group claimed missile and drone attacks on Saudi Aramco oil facilities in Riyadh and Khurais.
Brent crude prices rose over 4% to $107.95 per barrel following an attack on Iran's South Pars gas infrastructure and subsequent retaliatory threats against Gulf energy sites. Iranian media confirmed damage at the Asaluyeh refinery, while benchmark crude remained above $100 for four consecutive sessions. Meanwhile, Iraqi pipeline exports partially resumed amid ongoing regional output disruptions and Strait of Hormuz transit constraints.
Policy updates, China–UAE business news and industry insights, delivered to your inbox.
Membership
Tell us about your experience and connection to UAE–China business. UECN assesses your application and offers the right membership category — fees are shared privately with your offer.
We send you a one-time sign-in link — your answers are saved as you go.
