UAE Suspends Trade and Financial Relations With Iran
19 August 2026 · All day · Economic event · Persian Gulf
Outcome
The United Arab Emirates Ministry of Foreign Affairs said in a statement early Wednesday, 28 Mordad 1405 (August 19, 2026), that all trade activity, economic relations and financial transactions with Iran are suspended until further notice. The decision came hours after the UAE Ministry of Defense said it had detected two ballistic missiles near Dubai airspace, a claim Iran's Foreign Ministry spokesperson denied.
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