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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
## Iran Expands "No-Go" Zone
Iran has intensified its maritime restrictions by expanding a "no-go" zone beyond the Strait of Hormuz, a critical passage for global oil and gas trade. This move comes as Iran claims to have attacked over a dozen vessels, including US ships, oil tankers, and other non-compliant vessels attempting to navigate the strait.
## Rising Oil Prices
The recent confrontations have pushed oil prices above $100 per barrel, with Brent crude closing at $101.21. The tensions have led to a counter-blockade by the US, targeting Iranian ports.
## Military Clashes
Iran's Revolutionary Guards reported strikes on US vessels and a military base in Jordan, following US attacks on Iranian oil tankers. Jordan's military intercepted 18 missiles aimed at the kingdom. Iran's foreign ministry condemned the US actions as threats to regional stability.
## Diplomatic and Economic Pressures
The International Atomic Energy Agency (IAEA) has referred Iran to the UN Security Council over nuclear compliance issues, increasing diplomatic pressure on Tehran. Meanwhile, US President Donald Trump suggested the conflict might end after the upcoming mid-term elections, although some advisors warn it could persist.
## Strategic Waterway Control
Since the conflict began, Iran has maintained control over the Strait of Hormuz, requiring vessels to seek permission and pay fees to transit. The situation remains tense as both nations continue to assert their positions in the region.
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