UAE Cuts All Trade With Iran After Missile Strike—Strait of Hormuz on Edge

The United Arab Emirates has suspended all trade, commercial exchanges, and financial transactions with Iran after accusing Tehran of launching two ballistic missiles toward its territory on Tuesday. The incident triggered an emergency alert across the UAE shortly after 6:30 p.m. local time, which was lifted after approximately 10 minutes. Authorities confirmed that no damage or casualties were reported, though unusual sounds heard in Dubai and other areas were attributed to air defence operations. The UAE’s decision to halt all economic ties with Iran carries significant implications for global trade,…

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