United Arab Emirates & American Petroleum Institute

United Arab Emirates: The United Arab Emirates experienced renewed attacks from Iran, leading to a halt in oil loading at the port of United Arab Emirates — Fujairah. This directly impacts its oil infrastructure and regional stability.

American Petroleum Institute: The American Petroleum Institute reported a seventh straight week of falling US crude oil inventories, contributing to the bullish sentiment in the oil market. Its data provides key insights into US oil stockpiles.

United Arab Emirates: The UAE has faced attacks on its vessels and supports a deal to secure shipping. It is also involved in regional diplomacy.

American Petroleum Institute: Provides industry inventory data that moves markets.

United Arab Emirates: The United Arab Emirates has been affected by Iran's strikes and is working to mitigate economic damage, with United Arab Emirates — Dubai pledging support to businesses. Its forces have also used Apache helicopters to shoot down Iranian drones.

American Petroleum Institute: The American Petroleum Institute's chief economist noted that India's constrained LPG supply is adding pressure to an already tight United States — California gasoline market due to reduced alkylate exports.

United Arab Emirates: United Arab Emirates>>> is among the Gulf allies urging restraint in the conflict, concerned about the economic impact of a prolonged or escalating conflict.

American Petroleum Institute: The American Petroleum Institute>>> released data showing a significant fall in US crude oil inventories, contributing to concerns about supply.

United Arab Emirates: The United Arab Emirates has been targeted by drone attacks, including on its Barakah nuclear power plant, and has condemned these actions as dangerous escalations. It is also a potential signatory to the Abraham Accords.

American Petroleum Institute: The American Petroleum Institute provided figures on US crude oil, gasoline, and distillate inventories.

American Petroleum Institute: The American Petroleum Institute reported that US crude oil inventories jumped for the third straight week.