The United Arab Emirates has decided to leave the Organization of the Petroleum Exporting Countries (OPEC), as well as OPEC+, the state Emirates News Agency (WAM) reports.
An Iranian attack sparked a fire on a Kuwaiti oil tanker at Dubai Port, state media reported on Tuesday, as Tehran continues its campaign in the Gulf in response to US-Israeli strikes.
Missiles and drone attacks hit across the UAE on Monday, with a drone-related incident sparking a fuel tank fire near Dubai airport that disrupted travel, while a missile killed a civilian in Abu Dhabi.
A building in central Dubai was hit by debris from an intercepted attack, the government media office said on Friday, after blasts shook the Middle East financial hub.
Dubai hotels are offering discounted staycation deals for UAE residents as international travel slows due to regional conflict and flight cancellations.
Drones fell near Dubai airport, injuring four people, while ships were hit in or near the Strait of Hormuz on Wednesday as Iran kept up its campaign disrupting oil markets and air and maritime traffic.
Dubai airport, the world's busiest for international traffic, suspended operations Saturday before partially resuming services, after an air defence interception in the area during attacks from Iran.
That peaceful image was shattered Saturday as Iranian weaponry rained down on Dubai, setting fire to a five-star resort, threatening the world’s tallest building, and killing one person and injuring seven others at the airport in the capital city of Abu Dhabi.
Iran has responded to a wave of US strikes by launching missile attacks on multiple countries hosting some of the tens of thousands of American troops deployed across the Middle East.
Dubai's main airport handled a record 95.2 million passengers last year, straining capacity as it prepares to move to a new site, a statement said on Wednesday.