Abu Dhabi's National Oil Company (ADNOC) reported that one of its vessels was targeted by a missile in the early hours of Saturday while transiting the Strait of Hormuz. The incident resulted in no injuries. The United Arab Emirates condemned the attack. Meanwhile, Iran's military stressed that the crucial waterway would only be reopened when the U.S. accepts Iran's conditions, a stance reiterated by Sardar Mohbi, a spokesman for Iran's Islamic Revolutionary Guard Corps. Oil prices rose on Friday amid anticipation of a deal to open the strait, though no agreement has been announced, and ship traffic through Hormuz was down 33% compared to the day prior.