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Euronews

Toby Gregory

UAE halts all trade and financial dealings with Iran

Iran UAE United States Strait of Hormuz ADNOC Ali Abdollahi Donald Trump Missile Abu Dhabi Gulf

The United Arab Emirates has halted all trade, commercial exchange and financial transactions with Iran until further notice, severing economic ties with its neighbour after a fresh round of missiles targeted the country.

"In light of regional escalations ... all trade, commercial exchanges, and financial transactions with Iran have been halted until further notice," said Afra Al Hameli, Director of the Strategic Communications Department at the Ministry of Foreign Affairs.

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