After accusing Iran of firing two ballistic missiles at it, the UAE announced its decision to suspend all trade, commercial dealings, and financial transactions with Iran in the early morning of the 19th. The resumption period will be announced separately. A former senior US official said that given the UAE's significance to Iran's economy, this decision may have a greater impact than the US naval blockade.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.