Missiles target UAE, trade ties snap: How Abu Dhabi responded to Iran's latest escalation
The UAE has suspended all trade and financial transactions with Iran following an incident where two ballistic missiles were launched toward the Gulf state. While Iran denies the attack, the move marks a significant escalation in regional tensions.
Why it matters
This development threatens the stability of the Middle East and disrupts ongoing diplomatic and economic efforts to normalize relations between regional powers.
The United Arab Emirates has suspended all trade, commercial exchanges and financial transactions with Iran after accusing Tehran of launching two ballistic missiles towards the Gulf state, marking a fresh deterioration in ties between the two countries amid renewed tensions across the region.The UAE defence ministry said its air-defence systems detected two ballistic missiles launched from Iran towards its territory on Tuesday. The incident triggered an emergency alert on residents' phones and was described as the first direct Iranian attack on the UAE since May.The ministry later said its assessment indicated that the missiles had been targeting maritime traffic. One missile fell into the sea outside the UAE's territorial waters, while the other fell within them.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in