Breakfast News Recap: Trump confirms Iran strikes as Kyiv is hit and Europe warns on security
President Donald Trump confirmed that American forces carried out strikes on Iran's Qeshm Island, describing them as minor attacks on air defence systems, as tensions around the Strait of Hormuz remained high. 🔗Washington also stepped up pressure on Tehran with a $20 million reward for information on Iran's nuclear programme, while the Treasury sanctioned eight Canadian money exchange firms it says helped Iranian entities evade financial restrictions. 🔗 🔗In Ukraine, Russian overnight strikes on Kyiv injured five people and damaged a major bridge and energy infrastructure in the capital and nearby regions, while a separate missile attack hit residential buildings... [Continue Reading]
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UAE says oil exports and energy services held through regional crisis amid strike fears
Speaking at ADIPEC in Abu Dhabi, the United Arab Emirates said its oil exports continued throughout the regional crisis and that energy services remained uninterrupted. Undersecretary of Energy and Petroleum Affairs Sharif Al Olama said the country had "proven ourselves during this crisis" and was using the experience to strengthen its energy infrastructure. He also said the sector had faced heavy pressure in the first months of the crisis, while senior officials at the event were focused on the risk of renewed military strikes in the region.Al Olama said the UAE's long-term decision to diversify its energy mix had helped... [Continue Reading]