A large gas field in the United Arab Emirates was set ablaze after a #drone strike and a vital oil port was halted again, piling pressure on energy markets and supply with each day that the #Iran war goes on. The latest incidents in the UAE add to a fast-growing list of attacks on energy assets in the Middle East. Some of the largest refineries and a massive LNG export plant have halted following drone strikes, ports around the region have been hit and oil fields in Saudi Arabia targeted. The intensifying strikes by Iran are reverberating through markets and economies worldwide, with consumers from the Americas to India and Japan feeling the pinch. The near shutdown of the Strait of Hormuz has helped drive crude oil prices to above $100 a barrel and risk to the global economy from rising inflation is mounting.