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United Arab Emirates

August 23, 2026

Abu Dhabi 7:20 pm

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Khor Fakkan Container Terminal

Analysis

UAE-Iran trade relationship becomes key test of Trump’s wartime strategy

The Gulf state suspended trade with Iran after new attacks in August. Experts point to risks for both sides as the Trump administration seeks to squeeze Tehran economically.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Iranians drive past an anti-US billboard at Enghelab Square in central Tehran, Aug. 3, 2026.

Trump’s Iran ‘economic D-Day’ threat sends oil prices above $94

In a Truth Social post, the president threatened that any country that provides a financial lifeline to Iran will face "tremendous economic consequences."

AHMAD AL-RUBAYE / AFP via Getty Images

Explainer

Iraq seeks special Hormuz access from Iran in scramble to keep oil flowing

As Iran's parliament speaker holds talks in Baghdad, Iraq has asked Tehran for special consideration for its oil exports.

Latest News

UAE halts all trade ties with Iran after missile attack

Ships are docked along a pier at the Khor Fakkan Container Terminal, the only natural deep-sea port in the region and one of the major container ports in Sharjah Emirate, along the Gulf of Oman on July 14, 2026.

United Arab Emirates

Oil nears $92 on UAE missile alert as Trump claims Iran talks stuck

Leon Neal/Getty Images

United Arab Emirates

Sudan ramps up Saudi Arabia, Turkey contacts amid growing Red Sea cooperation

Sudanese army soldier stands in front of a tank

Samuel Wendel

Senior Market Research Analyst

In Washington, DC, reporting on regional business and tech

Adam Lucente

News and Business Correspondent

In New York City, reporting on regional news, militancy, climate change

Jack Dutton

Chief Business Correspondent

In Bristol, reporting on regional business, climate change, AI, tech

Sabena Siddiqui

In Karachi, reporting on South Asia, Middle East, Iran

Vanessa Ghanem

In Dubai, reporting on business, energy and politics

Mohammed Soliman

In Washington, DC, reporting on Gulf politics

A picture taken in the Saudi Red Sea coastal city of Jeddah on July 14, 2022 shows a Saudi host addressing guests

UAE non-oil trade increases as Gulf state seeks reduced oil dependence

The news follows trade agreements the Gulf state made with Israel and India.

United Arab Emirates

GIUSEPPE CACACE/AFP via Getty Images

UAE-Israel trade already tops last year

The increase in bilateral trade follows the signing of a trade agreement.

Abu Dhabi

Emirati AI firm G42 launches $10 billion investment fund

The UAE is seeking to become a leader in artificial intelligence, and has also successfully attracted some fintech firms.

United Arab Emirates

Press conference after meeting in the western Cypriot city of Paphos, on April 16, 2021.

Emirates launches codeshare deal with Aegean as UAE-Greece ties continue to strengthen

The United Arab Emirates and Greece have signed a variety of political, defense and economic agreements in recent years.

United Arab Emirates

This picture taken on May 9, 2021 shows a view of the Dubai city skyline as seen from the Burj Khalifa, currently the world's tallest building at 828 metres. (Photo by Giuseppe CACACE / AFP) (Photo by GIUSEPPE CACACE/AFP via Getty Images)

Gulf states changing labor, visa and residency policies to attract foreign wealth, talent

Robert Mogielnicki

Robert Mogielnicki

UAE Masdar

UAE’s Masdar to work on solar and wind power projects in Tanzania

The UAE is diversifying its economy and seeking closer relations with several sub-Saharan African states.

Central bank

UAE laws clamp down on money laundering, terrorism financing

The Emirates recently sanctioned some financial institutions in the country.

United Arab Emirates

stock exchange

Foreign investment grows in Abu Dhabi stock exchange

The UAE has invested in several regional states this year.

United Arab Emirates

GIUSEPPE CACACE/AFP via Getty Images

More gas discovered off coast of Abu Dhabi

The field, which is operated by Italy’s Eni, has yielded considerable natural gas to the UAE this year.

Cryptocurrency

Cryptocurrency exchange receives approval to operate in Dubai

FTX is among several cryptocurrency firms that have announced moves to the UAE, which instituted a regulatory mechanism for virtual assets earlier this year.

Total Energies

Abu Dhabi National Oil Company to increase footprint in Egypt

The oil firm’s move to buy half of TotalEnergies' stake in the country is the latest example of Emirati investment in Egypt.

Dubai skyline

UAE Central Bank announces more sanctions

The Emirates is seeking to improve its record on financial transparency after being implicated in money laundering and sanctions evasion controversies.