UAE Suspends Trade and Financial Transactions With Iran
The suspension follows missile alerts and repeated attacks on UAE-linked tankers, with trade and financial ties worth tens of billions of dollars now frozen.
- On Tuesday, the UAE Foreign Ministry suspended all trade and financial transactions with Iran until further notice. Director of the Strategic Communications Department at the UAE Ministry of Foreign Affairs Afra Al Hameli confirmed the halt, citing regional escalations.
- The Emirati Defense Ministry detected two Iranian ballistic missiles targeting maritime navigation, with one falling in Emirati territorial waters and the second in international waters. The ministry cited regional escalations as justification for the trade suspension.
- State media reported on Saturday that Iran attacked an Abu Dhabi National Oil Company vessel, marking the third such incident in less than a week. The UAE had recently accused Iran of targeting its state-owned oil tankers in the Strait of Hormuz.
- Senior government adviser Anwar Gargash stated last week that the Gulf state will defend its "rights to freedom of navigation" in the Hormuz Strait. The assertion signals Emirati resolve to maintain maritime access despite Iranian threats.
- Emirati President Sheikh Mohammed bin Zayed met Oman Sultan Haitham bin Tariq on Monday to discuss regional developments. The meeting occurred as Iran reached an agreement with Oman over a new shipping route through the Hormuz Strait.
222 Articles
222 Articles
UAE Cuts Off All Trade With Iran Over Missile Accusation Tehran Denies
Already a subscriber? Make sure to log into your account before viewing this content. You can access your account by hitting the “login” button on the top right corner. Still unable to see the content after signing in? Make sure your card on file is up-to-date. The UAE has announced an end to all trade, commercial exchanges, and financial transactions with Iran after accusing Tehran of firing two ballistic missiles toward the country, an ac…
UAE Suspends All Trade with Iran After Latest Missile Attack
The United Arab Emirates (UAE) on Wednesday suspended all trade with Iran, after suffering the latest wanton missile attack from Iranian forces. The post UAE Suspends All Trade with Fellow BRICS Member Iran After Latest Missile Attack appeared first on Breitbart.
Coverage Details
Bias Distribution
- 38% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
