Overview
- ADNOC reported that since the Iran–UAE conflict opened on February 28, 2026 its ships have been struck 15 times by missiles and drones, with one crew member killed and 20 wounded.
- Major attacks in the campaign include a May 4 drone strike on the tanker Barakah and July 14 cruise‑missile hits on two very large crude carriers, which produced multiple casualties.
- ADNOC says it remains focused on meeting customer needs and has not suffered a decisive production shutdown, but it is expanding logistics to keep exports moving.
- ADNOC Logistics & Services announced purchases of six very large crude carriers and five very large gas carriers for about $1.3 billion to raise shipping capacity and reduce reliance on chartered vessels.
- The strikes have cut some transits through the Strait of Hormuz, pushed war‑risk insurance and freight rates sharply higher, and added pressure on global oil flows as the wider regional conflict continues.