UAE reportedly preparing to help the US fight Iran and open the Strait of Hormuz by force after being repeatedly struck by Iranian drones and missiles since the war began, NY Post reports citing Arab officials
Importance
Level 1
- UAE is lobbying the UN Security Council to pass a resolution that would authorize a military operation to end Iran’s grip on the critical trade route.
#UNITED STATES#USD#EUR#IRAN#JAPAN#JPY#UNITED KINGDOM#GBP#ASIA#EUROPE#UN#FOREX#ENERGY#METALS#US SESSION#WTI#COMMODITIES#GOLD#METALS & MINING#MATERIALS (GROUP)#DXY#TRADE