The United Arab Emirates retaliated against Iranian attacks on its territory earlier in the war in the Middle East, according to people familiar with the matter, coordinating with Israel as the two countries deepen security ties.
ADNOC Gas and its subsidiaries have reported a net income of $1.1 billion for Q1 2026, highlighting strong operational performance and robust financial health. The company successfully fulfilled domestic customer requirements while efficiently managing logistics, inventories, and supply chains to mitigate the impact of ongoing export disruptions, ADNOC Gas said in a statement.
The consequences of the US/Israel conflict with Iran will lead to a loss of about 120 billion cubic metres (bcm) of global liquefied natural gas supply over the 2026-2030 period, the International Energy Agency has reported.
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