UAE Joins Global Efforts to Isolate Iran
Abu Dhabi is hoping that a trade embargo will force Tehran to surrender.
The United Arab Emirates has halted all trade and financial transactions with Iran, effective immediately, as part of a renewed global push to isolate the Islamic Republic. This move follows accusations by Abu Dhabi that Iran attacked an Emirati oil tanker in the Strait of Hormuz, and recent missile strikes on maritime traffic, one of which fell into Emirati waters.
Tehran denied the latter claim. The UAE's decision to impose the embargo is in response to "regional escalations that undermine regional and international peace and security." This comes after years of close economic ties between the two nations and marks a significant shift in Persian Gulf relations. The UAE's foreign ministry spokesperson stated that the embargo aims to safeguard the international financial system, in line with international law and global standards.
The UAE has taken various measures to discourage Iran from continuing its assaults, including canceling visas for some Iranian expatriates and conducting secret strikes on Iranian territory. The embargo follows a call for wartime elections in Ukraine, marking the biggest internal challenge to President Volodymyr Zelensky's rule since the Russia-Ukraine war began.
Ukrainian diplomatic advisor Anwar Gargash dismissed allegations about Dubai helping Tehran evade sanctions as "untrue information."
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