UAE suspends dealings with Iran amid rising tensions
ABU DHABI: The United Arab Emirates (UAE) has suspended all trade, business and financial dealings with Iran. The suspension will remain in place until further notice. Read More: UAE leaves OPEC in blow to oil cartel during Hormuz crisis The UAE Foreign Ministry announced the decision amid growing tensions across the region. The ministry said the […]
The United Arab Emirates has suspended all trade, business, and financial dealings with Iran, effective immediately and until further notice. This decision was announced by the UAE Foreign Ministry amid growing tensions in the region.
The move comes as tensions between the US and Iran continue to escalate. US President Donald Trump has stated that there are no talks or conversations underway or scheduled with Iran. This contradicts a statement made by Trump's envoy, Jared Kushner, who said that the US and Iran were having "very positive and active conversations".
The UAE's decision to suspend dealings with Iran is the latest development in the ongoing crisis. The situation remains volatile, with the US maintaining a naval blockade and Iran continuing to assert its position.
Brief written by urgent.news from Daily Times, Gulf News — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.
