UAE halts all trade with Iran after new missile fire in Gulf, cutting off a key export route for Tehran

Tehran denies launching the missiles that triggered Tuesday's alert, as Iran's economy already reels from sanctions and a blockade of its ports

The Emirates has long been a major trading hub for Iran, and analysts say it has been key to Iranian efforts to evade international sanctions, which Emirati officials deny.

Iran’s armed forces warned Gulf countries against assisting the US military on Wednesday, hours after the United Arab Emirates announced it was severing economic ties with Tehran following new attacks on shipping. The Gulf is dotted with US military installations, including in the UAE, which said on Tuesday that Iran h

Negotiations between the parties remain deadlocked as the waterway remains largely closed

UAE defence ministry has said that forces remain on high alert and are prepared to deal with any threat to the country's security and sovereignty.

A view of the Dubai city skyline. (AP Photo)The United Arab Emirates has suspended all trade, commercial exchanges and financial transactions with Iran after accusing Tehran of launching two ballistic missiles towards the Gulf state, marking a fresh deterioration in ties between the two countries amid renewed tensions

The United Arab Emirates accused Iran of firing two ballistic missiles at shipping in the Gulf on Tuesday, marking the first time in months the defense ministry warned of a missile threat to its territory. Iran denied the claim.

The United Arab Emirates accused Iran of firing two ballistic missiles at shipping in the Gulf on Tuesday, marking the first time in months the defense ministry warned of a missile threat to its territory. Iran denied the claim.

Defence ministry says weapons were targeting maritime traffic but fell into the sea

The incident follows the UAE blaming Iran for strikes on ADNOC vessels in the Strait of Hormuz.