Tanker attack near Fujairah heightens Strait of Hormuz tensions

The attack on a tanker near Fujairah has heightened tensions in the Strait of Hormuz, creating uncertainty in the global energy market. Increased geopolitical risks between the U.S. and Iran are raising concerns about maritime security. The UAE's exit from OPEC and the closure of the Strait of Hormuz are further exacerbating these tensions.