Iranian Foreign Ministry Spokesperson denies the UAE's accusation that Iran fired missiles and drones at it, stating that Iran's defensive actions were exclusively directed at the US, according to a statement

The denial from Iran regarding missile and drone allegations by the UAE highlights rising tensions in the Gulf, particularly as the UAE aligns with the US and Israel in opposing Iranian actions.

Newsquawk StaffPublished 5 May 2026, 20:42 UTCOn the live feed at 20:22 UTC — 5 more headlines followed before this page went public

Newsquawk headlinesUTC

20:27

Newsquawk US Market Wrap - 5th May 2026: Stocks gain, and oil slides as ceasefire remains in place

20:25

[MARKET UPDATE] US equity futures see gains after strong AMD earnings, and reports Anthropic commits to spending USD 200bln on Google's cloud and chips

20:22

Iranian Foreign Ministry Spokesperson denies the UAE's accusation that Iran fired missiles and drones at it, stating that Iran's defensive actions were exclusively directed at the US, according to a statement

20:20

Anthropic commits to spending USD 200bln on Google’s (GOOGL) Cloud and Chips via The Information citing sources

20:15

Advanced Micro Devices Inc. (AMD) Q1 2026 (USD): Adj. EPS 1.37 (exp. 1.28), Revenue 10.3bln (exp. 9.88bln), Q2 revenue view 11.2bln (exp. 10.5bln)

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Try the platform free

Free. No signup, no card.

UAE is cooperating with the US and Israel against Iran.

Context

This geopolitical friction can lead to volatility in energy markets, particularly oil, as perceived threats to stability in the region typically support WTI prices.

Energy · last 90 days

Recent headlines that moved markets

ENERGY/8 Sept · 19:50 UTC

Iran launched an attack against US Navy ships on Monday that the US military has yet to acknowledge, WSJ reports, citing US officials.

Brent crude, after we published+0.8%

Immediate upside seen in oil following these reports.

ENERGY/8 Sept · 05:23 UTC

Saudi Energy Minister says a number of energy facilities and utilities were hit; are temporarily halting some operations.

Brent Nov'26, after we published+1.0%

ENERGY/3 Sept · 08:03 UTC

Russian President Putin says that Russia and Ukraine should agree first; he notes that there is an opportunity to reach a peace agreement.

with Brent Nov, after we published−1.3%

ENERGY/1 Sept · 16:17 UTC

Initial reports of an American attack on Iran, reports i24's Stein.

- Brent (V6), after we published+1.2%

ENERGY/27 Aug · 17:46 UTC

The Trump administration has repeatedly told mediators it has no interest in going back to the terms of the MoU it reached with Iran in June, reports WSJ citing sources

Brent crude, after we published+1.4%

ENERGY/25 Aug · 19:26 UTC

A ceasefire between the US and Iran has been agreed upon, it includes free navigation in the Strait of Hormuz and will be announced in the coming days, reports Ria citing Pakistani and Iranian sources

Brent crude, after we published−2.4%

Newsquawk Daily

Get both market opens in your inbox.

This note and the other one — the EU open and the US open, every business day, written by the desk. No account needed.

Related headlines

The whole workspace, free to try.

© 2026 Newsquawk. All rights reserved.