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Politics

UAE halts trade, financial transactions with Iran — Foreign Ministry

UAE halts trade, financial transactions with Iran — Foreign Ministry UAE halts trade, financial transactions with Iran — Foreign Ministry

The United Arab Emirates has announced a halt of all trade, financial, and commercial operations with Iran following its missile attack, TASS reported.

The United Arab Emirates has announced a halt of all trade, financial, and commercial operations with Iran following its missile attack, TASS reported.

"In light of regional escalations that undermine regional and international peace and security, all trade, commercial exchanges, and financial transactions with Iran have been halted until further notice," the UAE foreign ministry said on X.

The UAE defense ministry said earlier in the day that the country’s air defense systems identified the launch of two ballistic missiles from Iran. One of the them fell outside the country’s territorial waters. The attack targeted maritime navigation, the ministry added.

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