Middle East tensions escalate sharply as Iran launches major attack on Gulf region. Dubai's financial hub faced missile alerts Friday morning with air defenses intercepting incoming attacks, causing explosions and visible smoke across the skyline. Saudi Arabia's military downed ten additional drones, bringing the total to nearly fifty aerial threats in hours. Critical infrastructure including oil facilities, military bases, and the U.S. Embassy faced targeting. Oil prices surged above one hundred dollars per barrel as markets react to the conflict escalation. The attack on key financial and energy infrastructure signals deepening regional instability with significant implications for global energy markets and economic activity in one of the world's most important business hubs.
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