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What you need to know before registering a company in the UAE
Company Registration
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Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
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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
## US Strikes Iran After Shipping Attacks
The United States has launched a series of military strikes against Iran following attacks on commercial vessels near the Strait of Hormuz. This action marks the end of a ceasefire agreement reached in June. The US has also reinstated sanctions on Iranian oil exports, revoking a waiver that had allowed limited sales.
## Targets and Reactions
The strikes reportedly hit 80 targets, including key military sites in Iran. Explosions were reported on Kharg Island and other strategic locations. The US Central Command stated the operation aimed to reduce Iran's capability to disrupt maritime traffic. Iran has not confirmed the extent of the damage.
## Strait of Hormuz Tensions
Iran's chief negotiator has declared that the Strait of Hormuz will only reopen under Iranian terms, indicating Tehran's intent to maintain control over the crucial waterway. This stance complicates diplomatic efforts, as the US and its allies insist on free navigation rights.
## Regional Impact
Kuwait and Bahrain have reported missile and drone attacks, with air raid sirens sounding in Bahrain. The US military has also targeted transportation infrastructure in northern Iran, although these reports remain unverified.
## Oil Market Reaction
Oil prices surged following the US strikes, with Brent crude rising over 5% and other benchmarks also seeing significant increases. The escalation raises concerns about potential disruptions to global energy supplies.
## Political Statements
US President Donald Trump has warned of intensified military actions if Iran continues its attacks. Vice President JD Vance emphasized the US's commitment to retaliate strongly against any threats to shipping in the region.
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