Oil prices rise to 2-week high after drone attack on UAE nuclear plant
Oil prices have increased to a two-week high following a drone attack on the Barakah nuclear power plant in the UAE. The strike caused a fire at an electrical generator but did not result in any injuries or radiological hazards. This incident has heightened geopolitical tensions, impacting crude oil markets.
- ▪Oil prices rose over 1% after a drone strike at the Barakah nuclear power plant.
- ▪The attack targeted an electrical generator outside the plant's inner perimeter, sparking a fire.
- ▪Authorities confirmed there were no injuries or radiological impacts from the incident.
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<img src="https://static.cryptobriefing.com/wp-content/uploads/2026/05/17211538/oil-touches-2-week-high-after-drone-attack-on-uae-nuclear-po-1-800x420.jpeg" alt="Oil prices rise to 2-week high after drone attack on UAE nuclear plant" class="w-full aspect-[19/10] object-cover" /> Oil prices rise to 2-week high after drone attack on UAE nuclear plant A drone strike at the Barakah nuclear power plant triggered a geopolitical risk premium in crude markets, even as authorities confirmed no injuries or radiological impact. Share Add us on Google by Editorial Team May. 17, 2026 Oil prices climbed more than 1% to their highest level in two weeks after a drone struck the Barakah nuclear power plant in the United Arab Emirates.
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