Abu Dhabi National Oil Company (ADNOC) has announced that one of its vessels was targeted by a missile today while transiting the Strait of Hormuz early on Saturday (August 8). The incident resulted in no injuries, and the situation has been brought under control, said ADNOC in a statement.
The US Energy Information Administration has sharply raised its forecast for oil prices this year, warning that severe restrictions on shipping through the Strait of Hormuz are likely to persist through August despite President Donald Trump's repeated assertions that the strategic waterway is open.
Explosions hit a natural gas loading port on the Mediterranean Sea in Egypt on Wednesday, and British maritime security company Ambrey said a US-owned floating storage tanker there had been hit by a drone, said media reports in a potential spread of the Middle East war.
A Saudi vessel, NCC MASA, sustained minor hull damage after coming under attack while sailing in the Red Sea on Friday, reported state news agency SPA. The vessel continued its voyage after the safety of the crew and the ship was confirmed.
The Qatari Ministry of Defence has reported that a commercial cargo vessel in the country's territorial waters - northeast of Mesaieed Port- was targeted by a drone on Sunday morning.
At least three tankers were damaged off the Gulf coast after US and Israeli strikes on Iran triggered Iranian retaliation that put merchant ships at risk of collateral damage, Reuters said quoting shipping sources and officials.
NMDC Group, an integrated energy and marine services, engineering, procurement, and construction (EPC) company in the region, has announced the expansion of its over 170 vessel fleet with an AED618 million ($168 million) self-propelled cutter suction dredger.
