Two Abu Dhabi National Oil Company Vessels Attacked in Strait of Hormuz
In a statement issued in the early hours of 14 April, Abu Dhabi National Oil Company (ADNOC) said two of its vessels were attacked on the evening of 13 April while passing through the Strait of Hormuz. The incident resulted in no injuries, the statement said.
ADNOC is the UAE's state-owned oil and gas enterprise and one of the world's largest producers of oil and natural gas.
Why this event matters
The event has a measured impact on 2 industrys. The strongest current signal is negative for Oil & Gas Exploration, with intensity 55/100 and 70% confidence over a short term horizon.
Energy · 1.2
Oil & Gas Exploration
- Direction
- negative
- Intensity
- 55
- Confidence
- 70%
- Horizon
- Short term
Oilfield Equipment & Services
- Direction
- mixed
- Intensity
- 30
- Confidence
- 60%
- Horizon
- Short term
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.