Iranian Spokesman for the National Security Committee says Bahrain and the UAE are still on the wrong path, Al Mayadeen reports; "We will not allow the formation of the UAE-Israel axis in the region"

This statement from Iran’s National Security Committee highlights escalating tensions in the region, particularly regarding the strengthening ties between the UAE, Israel, and possibly Bahrain.

Newsquawk StaffPublished 11 May 2026, 12:35 UTCOn the live feed at 12:15 UTC — 4 more headlines followed before this page went public

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12:21

Saudi Aramco CEO Nasser says the market could lose around 100mln barrels of oil each week the Strait of Hormuz remains closed if current disruptions persist

12:20

Saudi Aramco CFO Al-Murshed says the company has a reserves base of about 250bln barrels of oil equivalent, around five times the combined reserves of international oil majors

12:15

Iranian Spokesman for the National Security Committee says Bahrain and the UAE are still on the wrong path, Al Mayadeen reports; "We will not allow the formation of the UAE-Israel axis in the region"

12:12

Chairman of the Iranian Parliament's Energy Commission says Iran's oil export is unstoppable; "The production in various oil fields of the country continues continuously and there is no special problem in the field of production"

12:11

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Context

The assertion of not allowing an 'UAE-Israel axis' suggests potential for further diplomatic rifts, impacting regional stability and possibly influencing oil prices and safe-haven assets like gold. Traders should be alert for volatility across Middle Eastern markets and adjustments in risk sentiment.

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