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UAE Defence Ministry reports two national tankers were targeted by Iranian cruise missiles in the southern Strait of Hormuz, with the incident occurring in Omani territorial waters, adds one Indian crew member was killed and eight others were wounded

StockNow breaking-news AI analysis

Iranian missile strikes on two UAE tankers have escalated maritime security risks. Oil prices rose as vessel transits slowed, while the UAE accelerates port projects to bypass the Strait.

News detail

Says:Fires on both tankers were brought under control, while it reserves the right to respond to the escalation.

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