CITIGROUP raises AbbVie (ABBV.N) PT to $295 from $260.

UKMTO: all crew confirmed safe; no environmental impact reported to date.

The UAE said on Monday at ADIPEC it will accelerate energy infrastructure investment to reduce the risk of supply disruptions through the Strait of Hormuz, saying the Middle East war has underscored the need for alternative export routes and spare capacity. Energy Minister Suhail Al Mazrouei said the country must ‘‘prepare for the worst’’ and that prior investment in pipelines, shipping and logistics helped sustain supplies during the conflict. He urged producers to invest in overseas storage closer to customers and said many firms will redesign facilities after the war to improve crisis resilience. The remarks echo ADNOC CEO Sultan Al Jaber’s calls to expand strategic reserves, raise refined-fuel inventories and strengthen infrastructure, noting energy security should be measured by physical delivery points, not production capacity alone.