π‘οΈ UAE intercepts drone from Iran over waters
The UAE confirmed on Monday, August 31, that it successfully dealt with an Iranian drone over its waters. This happened after Iran claimed to have targeted a U.S. base in the Gulf state. Oil prices jumped over $1 a barrel on this date amidst the escalating conflict in West Asia. Tehran stated its action was a response to previous strikes on Iranian forces and civilians on Larak Island. Officials are now calling for de-escalation and the resumption of normal shipping through the Strait of Hormuz. π£