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UAE Reports New Strikes as US-Iran Ceasefire Hangs by Thread

Fighting flared again as the month-long ceasefire between the United States and Iran frayed. The UAE reported missile and drone attacks, while leaders offered mixed assessments of whether the truce remains intact.

Why It Matters

The Strait of Hormuz, a key oil chokepoint, is central to global energy markets. Renewed hostilities raise the risk of wider regional escalation and disruptions to oil shipments.

Timeline

13 Events

Iran Vows to Maintain Control Over the Strait of Hormuz

May 8, 2026

Iran reiterated its intent to exert control over the Strait of Hormuz as part of its broader strategy in the conflict.

Saudi Arabia Criticizes US Handling of the War

May 8, 2026

Saudi Arabia expressed frustration with President Trump's leadership of the war, saying erratic handling had placed a heavy burden on regional allies such as the UAE.

Aref Forecasts Victory and Sanctions Easing

May 8, 2026

Iranian Vice President Mohammad Reza Aref spoke of an imminent 'great victory' and suggested sanctions and pressures would be lifted with Iran's victory, as reported by state media.

Iran Claims US Targeted Iranian Tanker and Vessel Entering Hormuz

May 8, 2026

Iran's top joint military command said the US targeted an Iranian oil tanker and another ship entering the Strait of Hormuz.

Oil Markets React to Fresh Exchange of Fire

May 8, 2026

Oil rose and US stock futures slipped in early trading after renewed exchanges of fire between the US and Iran, with US crude futures rising to about $96.8 per barrel.

UAE Reports New Strikes; No Immediate UAE Damage Reported

May 8, 2026

The UAE said it came under a barrage of missiles and drones from Iran; there were no immediate reports of damage in the UAE.

UAE Air Defences Engage Iran-Origin Missiles and Drones

May 8, 2026

The United Arab Emirates said its air defences were engaging missile and drone attacks originating from Iran, with no immediate reports of damage in the UAE.

Trump Says Ceasefire Remains in Place

May 7, 2026

President Donald Trump said the ceasefire was still in place, describing the strikes as a 'trifle' and asserting that the truce remained intact.

Iran Attacks US Destroyers; US Strikes Iranian Targets

May 7, 2026

Iran attacked three US destroyers in the Strait of Hormuz. In response, the US conducted strikes on Iranian military targets, with Tehran charging that Washington had initiated the exchange of fire while Iran denied hitting any US assets.

Tehran Says It Is Examining US Proposals Delivered via Pakistan

May 7, 2026

Iran said it was examining the latest US proposals for ending the war that had been delivered to Tehran via Pakistan, which was serving as a mediator.

CENTCOM Reports Inbound Threats from Iran

May 7, 2026

U.S. Central Command stated that Iranian forces launched multiple missiles, drones and small boats at three US warships. None were hit, and CENTCOM said inbound threats were eliminated and Iranian military facilities were targeted in self-defense.

US Sanctions Iraqi Deputy Oil Minister Ali Maarij al-Bahadli

May 7, 2026

The US State Department announced sanctions on Ali Maarij al-Bahadli, accusing him of abusing his government position to divert Iraqi oil in support of Iran and its proxies, including alleged fraudulent mixing of Iraqi and Iranian oil. Iraq's oil ministry denied the accusations and said crude export operations were not part of Bahadli's duties; SOMO denied any oil mixing was taking place in ports or territorial waters.

Ceasefire Takes Effect (April 8, 2026)

April 8, 2026

A ceasefire in the US-Israel-Iran conflict took effect, ending weeks of US-Israeli attacks on Iran. Iran retaliated with strikes across the Middle East and by blocking the Strait of Hormuz.