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UAE severs trade with Iran after reported missile strike
The United Arab Emirates said it had paused all trade and financial transactions with Iran, after reporting that two ballistic missiles were launched from the country toward its territorial waters.
Summary
The United Arab Emirates said it had paused all trade and financial transactions with Iran, after reporting that two ballistic missiles were launched from the country toward its territorial waters. Both fell into the water and caused no damage or casualties, the UAE said Wednesday. However, the reported strike represents an unwelcome return of the conflict to the Gulf economy's shores after more than three months.
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