UAE halts all trade and financial transactions with Iran

20 August 2026

UAE halts all trade and financial transactions with IranNina Alizada/Shutterstock.com

The UAE has suspended all trade, commercial exchanges and financial transactions with Iran until further notice. A Ministry of Foreign Affairs’ announcement said the UAE acted in light of regional escalations that undermine regional...

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Michael O'Kane

Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters and as a prosecutor. Michael was called…

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