Washington is convinced of the role the UAE can play in choking Iran’s economy: The US told Emirati officials that targeting IRGC-linked money flows would hit Tehran harder than the naval blockade of …
UAE economy: On the verge of collapse or on way to recovery?
On one hand, the UAE economy is suffering due to the Iran war, as residents leave and tourists cancel plans. On the other hand, UAE authorities insist everything is fine and recovery is underway. What …
Iran business leader admits U.S. blockade will inflict more economic damage than war, and the ‘worst thing that could happen’ is trying to evade it
The head of the Iran-China Joint Chamber of Commerce said “the consequences of the blockade far outweigh those of a direct war.” …
Oil prices hit three-week high amid Iran war, UAE trade freeze
Brent crude rose above $94 a barrel on Thursday as deadlocked peace talks and the UAE’s suspension of trade with Iran kept supply under pressure …
Trump announces ‘economic warfare’ on Iran, threatens ‘tremendous’ consequences for its backers
The announcement extends a pressure campaign the Trump administration has waged since April under the banner Operation Economic Fury.
Trump announces ‘most crushing economic operation ever’ against Iran
United States President Donald Trump has announced what he called the “most crushing economic operation ever taken against any country” on Iran, as talks to end the more than five month conflict …
Singapore-headquartered StoneBench’s new research Fragmentation Finance maps how geopolitics is reshaping Asian finance
Fragmentation Finance argues that the dollar-anchored, open-market order of the post-Cold War decades is eroding and that the Iran-US conflict is only the latest in a series of events accelerating …
Iran Risks Losing Key Economic Lifeline With UAE Halting Trade
The United Arab Emirates’ decision to cut economic ties with Iran is likely to impose more pain on the Islamic Republic as it faces the loss of a vital trade link amid escalating tensions with the US.
Iran Risks Losing Key Economic Lifeline With UAE Halting Trade
The United Arab Emirates’ decision to cut economic ties with Iran is likely to impose more pain on the Islamic Republic as it faces the loss of a vital trade link amid escalating tensions with the US.
Dubai was the back door that Iranian companies used to buy foreign goods despite all of the American sanctions
Abu Dhabi spent years shielding its commercial relationship with Tehran while keeping a close security partnership with Washington. Dubai’s re-export and finance trade was how Iranian firms reached …