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| Follow the money Why UAE suspending trade with Iran could have ‘crippling effect' on Tehran's economy |
| 2026-08-25 |
| [NYP] A US ally in the Middle East has finally cut off Iran — and it could be one of the biggest threats to the regime yet. The United Arab Emirates, which serves as Tehran’s largest supplier of goods, suspended all trade with the Iran over the weekend — nixing $6 billion in cash that went to the regime from exports, as well as access to vital supplies from the outside world. Dubai — the UAE’s thriving commercial pub — is by far Iran’s largest supplier of goods. The Emirati government finally got fed up with Iran following repeated missile attacks that triggered evacuations for the first time during the war. The move not only threatens the $21.3 billion trade relations between the two nations, it also leaves Iran without its primary way to collect US dollars, Mark Kimmitt, a retired US general and former assistant secretary of state, told The Post. Related: United Arab Emirates: 2026-08-21 US sanctions network that moved ‘hundreds of millions’ to Hezbollah United Arab Emirates: 2026-08-20 UAE Says Iran Fired Missiles at Shipping - There Goes Tehran's 28 Billion Trade Lifeline United Arab Emirates: 2026-08-19 Palestinian official worries US ‘replicating’ PM's strategy of boosting Hamas at PA's expense |
| Posted by:Besoeker |