In Ukraine, fuel prices rose by 5% due to news of oil supply problems from the Persian Gulf. However, according to an analyst, the price increase is unlikely to continue.
Volodymyr Zelenskyy held a conversation with UAE President Mohammed bin Zayed Al Nahyan. They discussed the situation in the Middle East and Iran's strikes on civilian targets.
A fire broke out in the port of Fujairah in the UAE after a drone attack attempt, with debris falling on the facility. In Oman, the port of Duqm was again targeted by drones, one of which hit a fuel tank.
Iran continues to strike US allies in the Middle East, with over 700 people reported dead in Iran and six American servicemen. The US has urged its citizens to leave the region immediately.
Russian dictator Vladimir Putin is trying to position himself as a mediator between Iran and the Persian Gulf states. This is happening against the backdrop of a US-Israeli operation against Iran.
The US State Department has urged Americans to leave Middle Eastern countries immediately due to serious security risks. The list includes Bahrain, Egypt, Iran, Iraq, Israel, and Saudi Arabia.
Qatar's Patriot interceptor missile stockpiles will last for four days at current usage rates. Qatar halted LNG production after an Iranian drone attack, causing gas prices to rise.
Ukrainian President Volodymyr Zelenskyy has offered Middle Eastern countries experts on shooting down Iranian drones. This will happen if the leaders of these countries convince Vladimir Putin to agree to a month-long truce in the war against Ukraine.
Andriy Sybiha discussed the security situation in the Middle East and the protection of Ukrainians in the UAE with the UAE Minister of Foreign Affairs. Ukraine condemns Iranian attacks, which are unprovoked acts of aggression.
Emirates airline will resume a limited number of flights from the evening of March 2, with priority given to passengers with previously booked reservations. The carrier urges passengers not to come to the airport without a separate notification.
12 Etihad Airways flights departed from Abu Dhabi, although the airline had announced a suspension of operations. Almost 100,000 people tracked the first plane heading to London.
The conflict in the Middle East has led to a sharp jump in oil prices due to the risks of volume loss and transit problems. This could lead to an increase in fuel prices in Ukraine.
Qatar has halted LNG production after two Iranian drones attacked its energy facilities. Israel and Iran exchanged new strikes, and drones were intercepted over Cyprus and the UAE.
In Ukraine, investors experience constant tension due to war risks, unpredictable regulatory policies, and pressure from law enforcement agencies. MP Nina Yuzhanina emphasizes the problems of the investment climate, despite the Prosecutor General's Office launching the "StopPressure" platform to combat pressure on businesses.
The Embassy of Ukraine in the UAE urges citizens to urgently fill out registration forms due to the deteriorating security situation. Hotlines are overloaded, so the online form is the primary means of communication.
Saudi Arabia's state oil giant Saudi Aramco has shut down its Ras Tanura refinery after a drone strike. This happened after Tehran launched strikes in the region in response to the US and Israeli attack on Iran.
European gas prices could rise by 130% if supplies through the Strait of Hormuz are halted for a month. This is due to the threat of the Iranian crisis to global supplies, which has already led to a 25% price increase.
The conflict between Iran, Israel, and the United States has resulted in the deaths of over 100 female students in Iran and 10 people in Israel. In total, numerous civilian and military casualties have been recorded in six countries in the region.
The conflict with Iran has led to mass cancellations of flights by Emirates and Qatar Airways, causing airline shares to fall. Over 400 flights have been canceled by each airline, and Dubai and Doha airports have suspended operations.
Residents of the Persian Gulf countries awoke to explosions after night attacks, in which Hezbollah intervened in the conflict. Explosions were recorded in Dubai, Abu Dhabi, Doha, Bahrain, Lebanon, Israel, Kuwait, Iran, and Cyprus.
The United Arab Emirates has closed its embassy in Iran and withdrawn its diplomatic mission. This decision is related to Iranian attacks that hit Dubai airport and other civilian buildings.
US President Donald Trump held a phone conversation with Israeli Prime Minister Benjamin Netanyahu. He also spoke with the President of the UAE and the King of Bahrain after the Iranian strikes.
The UK Foreign Office is developing plans to evacuate 76,000 Britons in the Middle East, mainly in the UAE. Most of them are tourists stranded in hotels.
OPEC+ is considering an emergency expansion of oil production to 411,000 or 548,000 barrels per day to stabilize the market. Saudi Arabia and the UAE are already increasing export capacities due to possible supply disruptions.
Ukraine expresses solidarity with the Middle Eastern countries affected by Iran's attacks. The Foreign Minister condemned Iran's criminal policy and called for support for the Iranian people.
Iran's Islamic Revolutionary Guard Corps told ships that passage through the Strait of Hormuz is not permitted. The Strait of Hormuz is the world's most important oil export route.
Iran launched strikes on US military bases in Bahrain, Qatar, UAE, and Kuwait, as well as on the USS Abraham Lincoln aircraft carrier. This was in response to a joint US-Israeli military operation against Iran.
Due to US and Israeli strikes on Iran and Tehran's retaliatory measures, 8 Middle Eastern countries have closed their airspace. This has led to mass flight cancellations by many major airlines.
Five explosions have been reported in Dubai, with smoke rising from an area near Jebel Ali Port. The cause of the explosions is currently unknown.
Saudi Arabia strongly condemned Iran's actions and violations of the sovereignty of several countries, calling on the international community to resist. The country is ready to provide allies with all capabilities to support any measures against Iran.
