Event details
The UAE Defense Ministry announced that radar systems tracked two ballistic missiles launched from Iranian territory toward Emirati airspace that landed in nearby waters without inflicting casualties, prompting Abu Dhabi to immediately suspend all trade, commercial, and financial transactions with Iran.
Context
Severing commercial and banking ties closes a primary financial channel used for regional trade settlements with Iran and heightens maritime defensive alert levels across the Persian Gulf.
- Local time
- 5:12 AM Dubai time, Aug 18, 2026
- Location
- Abu Dhabi, United Arab Emirates
- Relationship
- Update