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United Arab Emirates

August 23, 2026

Abu Dhabi 9:45 pm

36°C

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

Prime Minister Kyriakos Mitsotakis (L) and Heir to the Throne of Abu Dhabi Mohammed bin Zayed Al Nahyan, May 9, 2022.

UAE, Greece sign $4.2 billion agreement

The UAE and Greece have become close allies in recent years.

United Arab Emirates

An Etihad airplane model is displayed at the Arabian Travel Market Exhibition.

Etihad tests out environmentally friendly flights

The airline said that sustainable aviation fuel will be needed to make planes pollute significantly less, but the technology is not ready for mass use.

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GIUSEPPE CACACE/AFP via Getty Images

Explainer: Oman may follow as most Gulf central banks raise rates

Inflation in the Gulf has not been as severe as in other parts of the region.

Justin Sullivan/Getty Images

Qatar's sovereign wealth fund, Dubai's Vy Capital help Elon Musk buy Twitter

Musk's takeover of Twitter has several implications for the Middle East, particularly Saudi Arabia and Turkey.

General view of the Emirates' Central Bank, Dubai, United Arab Emirates, Jan. 3, 2017.

UAE announces date for auction of dirham bonds

The Emirati government began selling bonds for the first time last year in a bid to diversify financially. This is the first time bonds will be sold in the local currency, as opposed to the US dollar.

United Arab Emirates

A view of a French jeweller Cartier shop at Jumeirah mall, Abu Dhabi, United Arab Emirates, Nov. 8, 2017.

Abu Dhabi removes COVID-19-related capacity restrictions, masks remain

The United Arab Emirates’ largest city also recently mandated the resumption of in-person classes for students, and is heading toward a return to the pre-coronavirus normal.

United Arab Emirates

Crypto hacking event returns to Dubai

The UAE is emerging as a regional hub for cryptocurrency activities.

United Arab Emirates

Kashmir

Explainer: UAE business delegation visits Kashmir, meets Indian PM

The UAE and India have a strong economic relationship. The Kashmir visit could affect UAE-Pakistan ties.

United Arab Emirates

Swvl transportation.

Dubai-based transportation startup Swvl acquires Turkey’s Volt Lines

Swvl has recently bought other firms in Europe and Latin America and has received funds to help advance the transportation safety of women in Egypt.

United Arab Emirates

Marco Bello/Getty Images

UAE crypto push continues as Kraken invades Abu Dhabi

Two other cryptocurrency exchanges have also announced moves to Dubai recently.

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Korea UAE

Abu Dhabi, South Korea pledge to boost economic relations

South Korean entities have signed major deals with Egypt and Saudi Arabia recently.

United Arab Emirates

LOIC VENANCE/AFP via Getty Images

UAE-India economic agreement to lower tariffs, duties in bid to boost trade

India is one of the UAE’s largest trading partners, with oil, jewelry and textiles forming a bulk of the trade.

United Arab Emirates