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What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
## Tensions Rise Over Strait of Hormuz
On August 17, 2026, US President Donald Trump issued a threat to bomb Oman if it interferes with a new agreement between Iran and Oman regarding the Strait of Hormuz. This comes as Iran announced an understanding with Oman to establish a transit route for ships through the strait, a critical passage for global oil shipments.
## US-Iran Deal Deadline Passes
The threat from Trump coincides with the expiration of a 60-day deadline for a US-Iran deal aimed at reducing hostilities and reopening the strait. Despite the agreement, tensions remain high as both nations appear to be pressuring each other to concede first.
## Regional Developments
In related news, Yemen's Houthi rebels claimed responsibility for targeting a Saudi military vessel in the Red Sea, escalating maritime tensions. Meanwhile, the UN has expressed concern over the potential for Yemen to return to full-scale conflict amid rising violence.
## Economic Impact
The ongoing conflict has significantly impacted global oil markets, with major oil companies reporting substantial profits due to increased prices. The disruption in the Strait of Hormuz, a vital energy corridor, has contributed to this economic windfall.
## Diplomatic Efforts
Efforts to de-escalate tensions continue, with various regional leaders engaging in discussions to strengthen bilateral ties and promote stability. However, the situation remains volatile as military and diplomatic maneuvers unfold across the region.
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