Abu dhabi: After accusing Iran of firing two ballistic missiles on Tuesday, both of which were intercepted, the United Arab Emirates has now suspended trade ties with Iran until further notice. The UAE's Foreign Ministry stated that all trade activity and financial exchanges with Iran would be suspended due to the escalation that undermines peace and security in the region and beyond.

According to Deutsche Welle, Iran has rejected the UAE's accusations that it fired two ballistic missiles on Tuesday as "baseless." The suspension of trade ties marks a significant shift in the relationship between the two countries, reflecting heightened tensions in the region.