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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
On July 15, 2026, tensions between the US and Iran escalated significantly as the US reinstated a naval blockade on Iranian ports. This move followed the collapse of a ceasefire agreement, leading to a series of military exchanges. The US launched strikes on Iranian military sites, while Iran retaliated with missile and drone attacks targeting Gulf shipping and neighboring countries.
## Kuwait and Bahrain Respond
Kuwait's air defenses successfully intercepted numerous Iranian missiles and drones. However, a Kuwaiti Navy vessel was hit, resulting in injuries to several sailors. Meanwhile, Bahrain activated air raid sirens across the kingdom as it intercepted Iranian aerial attacks.
## US Military Actions
The US military's actions included strikes on Iran's southern port city of Bushehr and other military targets. These strikes aimed to degrade Iran's capabilities to attack commercial shipping in the Strait of Hormuz.
## Economic Impact
The conflict has affected global oil markets, with prices rising due to concerns over shipping security in the Strait of Hormuz. Abu Dhabi's Murban crude saw a significant price increase, reflecting the market's anxiety over potential disruptions.
## Diplomatic Efforts
Amidst the military confrontations, diplomatic efforts continue. The UAE, along with other Gulf Cooperation Council members and the European Union, discussed regional security and the importance of maintaining free navigation in the Strait of Hormuz.
## Iran's Stance
Iran has warned that it may target other regional oil export routes if the US continues its blockade. The Iranian Revolutionary Guards have stated that the Strait of Hormuz will remain closed until the US ceases its aggressive actions.
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