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UAE stops all trade with Iran after missile scare
UNITED ARAB EMIRATES, 21 August
By John_Doe
197 words
A view of the Dubai skyline with cargo ships visible in the distance.
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WSJ
The United Arab Emirates has cut off all business and money moves with Iran after missiles landed in nearby waters.
The United Arab Emirates (UAE) has officially stopped all trade and financial deals with Iran. This decision comes after missiles were fired and landed in the water near the region, causing a major security concern. For a long time, the UAE has been a key place where Iranian businesses could trade with the rest of the world. By cutting these ties, the UAE is putting a massive squeeze on Iran's economy. This move is expected to make it much harder for Iran to send money or goods through its usual channels. Experts say this is a huge change. Donald Trump’s plan to put pressure on Iran relies…