Dubai/ Manama, March 30, 2026 — Iran’s Islamic Revolutionary Guard Corps (IRGC) claimed responsibility for missile and drone attacks on key aluminum production facilities in the United Arab Emirates and Bahrain over the weekend, marking a significant escalation in the ongoing conflict involving Iran, the United States, and Israel.
The strikes targeted Aluminium Bahrain (Alba), one of the world’s largest aluminum smelters, and Emirates Global Aluminium (EGA)’s Al Taweelah complex in Abu Dhabi. Both companies confirmed the attacks, reporting injuries among employees and varying degrees of damage to their operations.
Aluminium Bahrain stated that its facility was hit on Saturday, March 28, resulting in minor injuries to two employees. The company said it was assessing the extent of the damage while prioritizing the safety and security of its workforce.
Emirates Global Aluminium reported “significant damage” at its Al Taweelah site in the Khalifa Economic Zone. The company indicated that six employees sustained injuries, none of which were life-threatening, and that damage assessment was ongoing.
In a statement broadcast by Iranian state media, the IRGC described the targets as “industries affiliated with and connected to the US military and aerospace sectors in the region.” The Guard framed the operation as retaliation for recent US-Israeli strikes on Iranian steel plants and other infrastructure, which Tehran claims were launched with support from bases in Gulf countries.
The attacks come amid a broader tit-for-tat exchange that has intensified since late February 2026. Regional air defenses, including those in Kuwait, reportedly intercepted some incoming projectiles, limiting the overall impact in certain areas. UAE and Bahraini officials, along with other Gulf states, have strongly condemned the Iranian actions.
Economic Ripple Effects
The incidents have sent shockwaves through global commodity markets. Aluminum prices on the London Metal Exchange surged in response to fears of supply disruptions from the Gulf region, a major producer of the metal used in industries ranging from automotive and aerospace to construction and packaging.
Alba and EGA are critical players in the global aluminum supply chain. Any prolonged outages could exacerbate existing pressures on availability, especially as earlier disruptions in the Strait of Hormuz had already forced some production curtailments in the region.
Analysts warn that further escalation could threaten broader economic stability, with potential knock-on effects on energy markets and international trade routes.
Wider Context and Risks
This development fits into a pattern of Iranian retaliation against perceived US-Israeli aggression, including strikes on industrial targets. Iran has also issued broader threats, including against US-linked universities in the Middle East.
Gulf countries have expressed concern over the growing risk to civilian infrastructure and economic assets. Diplomatic efforts, including meetings among regional foreign ministers, are underway to seek de-escalation.
The situation remains fluid, with ongoing evaluations of damage at the affected sites and potential impacts on production capacity. No fatalities have been reported from the aluminum plant strikes, but the attacks underscore the vulnerability of critical industries in the Gulf amid heightened geopolitical tensions.
Further updates are expected as companies release more details on operational recovery and as international responses continue to develop.