Iran rejects UAE missile launch claim
Iran has rejected the UAE’s claim that Tehran launched two ballistic missiles toward its territory. Tehran called the allegation baseless and warned it could increase regional tensions. Iranian Foreign Ministry spokesperson Esmail Baghaei strongly denied the accusation and expressed regret over the UAE’s statement. He said such claims could undermine efforts to build trust among […]
The United Arab Emirates (UAE) has halted all trade with Iran following a series of missile attacks, which forced nationwide warnings for UAE residents to seek shelter. This move will further isolate the Islamic Republic, already suffering under U.S. sanctions and a blockade. The UAE's decision marks a significant shift in their once-thriving trade relationship with Iran, a key export route for Tehran.
The Emirati Foreign Ministry stated that the embargo was imposed "until further notice" and that they remained committed to "dialogue, cooperation and regional integration." Iran denies firing any missiles toward the UAE, but the country's Foreign Ministry spokesperson, Esmail Baghaei, called the missile attacks a strategic advantage for Iran in the ongoing conflict.
The UAE's economy heavily relies on regional stability, and the embargo could put new pressure on Iran, already experiencing inflation of nearly 70% and an economic contraction of 5.4%.
Written by urgent.news from Fortune's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
