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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
## Rising Tensions in the Gulf
The United States has intensified its military actions against Iran, targeting Iranian military assets in response to threats against commercial shipping in the Strait of Hormuz. This escalation follows a series of attacks and counterattacks between the two nations, with both sides accusing each other of violating agreements.
## Trump's New Measures
President Donald Trump announced plans to reinstate a blockade on Iranian ships and impose a 20% charge on cargo passing through the Strait of Hormuz. This move aims to ensure the security of this crucial maritime route, though it has sparked criticism from Iran.
## Economic Impact
The conflict has led to a significant rise in oil prices, with Brent crude jumping over 9% as tensions threaten global oil supply. The situation has also affected shipping traffic, with a noticeable decrease in the number of vessels crossing the strait.
## Regional Reactions
The situation has drawn international concern, with the United Nations expressing alarm over the potential for further escalation. Meanwhile, Iran has condemned attacks on its facilities and accused the US of endangering global oil supplies.
## Ongoing Developments
The US military has utilized sea drones for the first time in combat, targeting Iranian ports. As the conflict continues, both nations remain at odds over control of the Strait of Hormuz, a vital passage for global oil shipments.
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