West Texas Intermediate & United Arab Emirates
47 shared events · Importance 23 · Last updated May 15, 2026
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International
West Texas Intermediate: West Texas Intermediate crude rose significantly due to the escalation of attacks in the Middle East Gulf, settling at $106.42.
United Arab Emirates: The United Arab Emirates is under attack from Iranian missiles and drones, with an oil port set ablaze, posing a direct threat to its security and economy. It has reserved its right to respond.
May 04, 2026 · 15 articles
International
West Texas Intermediate: West Texas Intermediate crude prices have seen volatility due to the Iran war and supply constraints, with the United Arab Emirates' departure from OPEC potentially influencing future price dynamics.
United Arab Emirates: The United Arab Emirates' decision to leave OPEC and OPEC+ is a strategic move to gain autonomy over its oil production and foreign policy, potentially increasing its global market share and strengthening ties with the United States and Israel, but also deepening its rift with Saudi Arabia.
Apr 28, 2026 · 222 articles
International
West Texas Intermediate: West Texas Intermediate crude futures rose as a result of the ongoing conflict and the uncertainty surrounding oil supplies.
United Arab Emirates: The United Arab Emirates has been repeatedly targeted by Iran with ballistic missiles and drones, sustaining injuries to its citizens, due to its hosting of US military bases.
Apr 27, 2026 · 39 articles
International
West Texas Intermediate: West Texas Intermediate crude oil prices have increased following the United States' decision to blockade Iranian ports, indicating market anxiety over potential supply shortages.
United Arab Emirates: The United Arab Emirates, as a Gulf Arab country, experienced significant crude production losses and a sharp decline in jet fuel exports.
Apr 08, 2026 · 307 articles
International
West Texas Intermediate: West Texas Intermediate prices fell after an initial surge, indicating market sensitivity to the escalating tensions in the Middle East and potential supply chain issues.
United Arab Emirates: The United Arab Emirates reported an energy installation hit and cruise missiles launched from Iran, highlighting its vulnerability to regional conflicts.
May 05, 2026 · 7 articles
International
West Texas Intermediate: West Texas Intermediate crude futures rose due to renewed fighting and tensions in the Strait of Hormuz, reflecting market concerns over oil supply disruptions.
United Arab Emirates: The United Arab Emirates reported missile and drone attacks from Iran, indicating the broader regional impact of the conflict and the fragility of the ceasefire.
May 04, 2026 · 139 articles
International
West Texas Intermediate: West Texas Intermediate crude futures initially rose due to supply disruption fears from the Strait of Hormuz closure, then eased slightly on news of the United States' efforts to reopen it.
United Arab Emirates: A key oil port in the United Arab Emirates was set ablaze after an Iranian strike, indicating the direct impact of the conflict.
May 04, 2026 · 15 articles
International
West Texas Intermediate: West Texas Intermediate prices fell below $100 a barrel after the US paused its ship-guiding plan, indicating a positive market reaction to potential de-escalation.
United Arab Emirates: The United Arab Emirates reported being attacked by Iranian missiles and drones, highlighting the regional impact and ongoing hostilities despite ceasefire efforts.
May 06, 2026 · 6 articles
International
West Texas Intermediate: West Texas Intermediate crude was down, reflecting market uncertainty and volatility, even as refiners sought alternative crude supplies, pushing premiums for WTI Midland.
United Arab Emirates: The United Arab Emirates announced its exit from OPEC after nearly 60 years, which could allow it to raise oil production once exports restart. This move complicates OPEC's efforts to balance the market.
Apr 02, 2026 · 45 articles
International
West Texas Intermediate: West Texas Intermediate oil prices extended losses and dipped below $100 a barrel, indicating a positive market reaction to the de-escalation efforts.
United Arab Emirates: The United Arab Emirates reported intercepting missiles and drones from Iran, calling the attacks a dangerous escalation and urging efforts toward a political solution.
May 06, 2026 · 31 articles
International
West Texas Intermediate: West Texas Intermediate futures also gained, mirroring Brent Crude's reaction to the ongoing peace negotiations and supply concerns.
United Arab Emirates: The United Arab Emirates experienced renewed attacks, causing oil loading at the port of United Arab Emirates — Fujairah to be halted, contributing to oil supply concerns.
May 06, 2026 · 6 articles
International
West Texas Intermediate: West Texas Intermediate futures climbed due to supply anxieties, with prices potentially reaching well above pre-war levels.
United Arab Emirates: The United Arab Emirates activated its air defense systems to intercept incoming Iranian missiles and drones, highlighting its vulnerability to the escalating regional tensions and missile attacks.
Mar 29, 2026 · 65 articles
International
West Texas Intermediate: U.S. crude prices (West Texas Intermediate) plunged more than $13 to $88.88 per barrel on news of potential ceasefire.
United Arab Emirates: The United Arab Emirates has been a target of Iranian strikes during the conflict, particularly its oil port, highlighting the regional impact of the war and the need for stabilization.
May 06, 2026 · 98 articles
International
West Texas Intermediate: West Texas Intermediate crude prices have risen significantly due to the disruption of oil shipments caused by the Strait of Hormuz standoff.
United Arab Emirates: The United Arab Emirates experienced renewed attacks from Iran, causing oil loading at the port of Fujairah to be halted.
Apr 26, 2026 · 104 articles
International
West Texas Intermediate: West Texas Intermediate prices surged as investors braced for further disruptions to oil supplies through the Strait of Hormuz, following the rejection of Iran's peace terms.
United Arab Emirates: The United Arab Emirates reported its air defense systems successfully engaged two UAVs launched from Iran, indicating the ongoing regional tensions and drone attacks.
May 10, 2026 · 20 articles
International
West Texas Intermediate: West Texas Intermediate (WTI) crude prices rose due to concerns over restricted energy flows through the Strait of Hormuz, indicating market volatility.
United Arab Emirates: The United Arab Emirates (UAE) reported missile and drone attacks, indicating regional instability.
Apr 08, 2026 · 19 articles
International
West Texas Intermediate: Benchmark U.S. crude prices rose, mirroring the increase in Brent crude due to geopolitical tensions affecting oil supply.
United Arab Emirates: A ship anchored off the United Arab Emirates was seized, contributing to regional instability and impacting oil prices.
May 15, 2026 · 7 articles
International
West Texas Intermediate: West Texas Intermediate crude prices have surged due to the closure of the Strait of Hormuz, reflecting the global energy crisis.
United Arab Emirates: The United Arab Emirates announced its departure from OPEC, citing the need for agility to respond to market demands amidst the war-induced shortages.
Apr 27, 2026 · 80 articles
International
West Texas Intermediate: US West Texas Intermediate for May fell due to expectations that US-Iran peace talks would resume, indicating a positive market reaction to potential de-escalation.
United Arab Emirates: Pakistan used part of its new loans to repay a USD 3.5 billion loan taken from the United Arab Emirates.
Apr 08, 2026 · 702 articles
International
West Texas Intermediate: West Texas Intermediate futures have also risen, mirroring the impact of the Iran conflict on global oil supply and contributing to overall market volatility.
United Arab Emirates: A tanker was reported hit by projectiles 78 nautical miles north of Fujairah, United Arab Emirates, highlighting the regional impact of the conflict.
Apr 30, 2026 · 52 articles
International
West Texas Intermediate: West Texas Intermediate futures fell after Donald Trump's announcement, but oil prices remain significantly above pre-conflict levels due to supply disruptions in the Strait of Hormuz.
United Arab Emirates: A tanker was reportedly hit by unknown projectiles near Fujairah in the United Arab Emirates, indicating the broader regional impact of the tensions.
May 03, 2026 · 29 articles
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