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    Home EURASIA Azerbaijan

    UAE suspends trade and financial transactions with Iran amid missile attacks

    The Analyst by The Analyst
    August 26, 2026
    in Azerbaijan
    UAE suspends trade and financial transactions with Iran amid missile attacks


    BAKU, Azerbaijan, August 19. The UAE has
    suspended all trade, commercial and financial operations with Iran
    amid a missile attack launched from Tehran.

    READ ALSO

    Oxford Institute warns of fiercer Europe-Asia LNG competition in winter

    Syria buys $295M of Azerbaijani natural gas in eight months

    This was stated in a post by the UAE Ministry of Foreign Affairs
    on X.

    “Amid the regional escalation that poses a threat to
    international security and peace in the region, all trade and
    commercial operations, as well as financial transactions with Iran,
    are suspended until further notice,” the ministry said in a
    statement published on its X page.

    Meanwhile, the latest escalation in U.S.-Iranian relations began
    on July 8. On that day, for the first time since the signing of the
    memorandum between Washington and Tehran, the U.S. military carried
    out several waves of strikes on Iranian territory, claiming that
    this was in response to an attack on a merchant ship in the Strait
    of Hormuz. On the same day, U.S. President Donald Trump announced
    the end of the ceasefire with Iran. In response, Tehran began
    attacking U.S. facilities in Bahrain, Jordan, Qatar, Kuwait, the
    UAE, and Oman. The Iranian side currently states that the Strait of
    Hormuz has been closed.





    Source link

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