The Hormuz Letter Posts On X: 'Iran appears to have struck ADNOC's Bu Hasa facility southwest of Abu Dhabi, one of the UAE's largest onshore oil and gas fields'

The Hormuz Letter reports that Iran has allegedly targeted ADNOC's Bu Hasa facility, a significant onshore oil and gas field located southwest of Abu Dhabi in the UAE. This incident may have implications for oil supply and market stability in the region, potentially affecting stock prices, including that of USO.