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Oil prices jump as Iran attacks UAE, US warships enter Hormuz

Military Strike Report — May 4, 2026

A drone strike by Iran has targeted an Emirati energy installation, causing a fire. This event is linked to the presence of US warships in the Strait of Hormuz, indicating ongoing military activity.

Strike location: 24.4539°N, 54.3773°E

Source: www.al-monitor.com

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