Attacks and incidents disrupt shipping near Dubai and Strait of Hormuz

A series of incidents has disrupted shipping traffic in a key area for global oil and trade. Smoke was seen rising from Dubai's main port, a container ship was hit by a projectile off the coast, and a UAE tugboat sank in the nearby Strait of Hormuz, leaving three Indonesian crew members missing.

Separately, the United Arab Emirates' crude oil production reportedly fell by more than half. This drop is linked to the closure of the Strait of Hormuz, a vital waterway for oil shipments, which forced some oil fields to shut down.