The United Arab Emirates has suspended all trade, commercial exchanges, and financial transactions with Iran until further notice. The decision follows an incident on August 18 in which the UAE stated that its air defenses detected two ballistic missiles launched from Iran. According to the UAE, the missiles were assessed as being directed toward maritime areas near the Emirates. Both missiles ended in the Persian Gulf, with one falling outside UAE territorial waters and the other inside them. No casualties or significant physical damage were reported. Iran has denied launching the missiles and rejected the UAE's allegation. The suspension of economic relations represents a significant deterioration in UAE–Iran relations. The UAE has historically served as an important commercial and financial channel for Iranian trade, including the re-export of foreign goods to Iran. The development also increases pressure on regional shipping and energy markets because it occurs amid continuing instability surrounding the Strait of Hormuz. The immediate confirmed facts are: - UAE trade and financial transactions with Iran have been suspended until further notice. - The UAE reported detecting two ballistic missiles launched from Iran. - The UAE assessed the missiles as posing a threat to maritime areas. - Both missiles fell into the Gulf. - No casualties or significant damage were reported from the missile incident. - Iran denies responsibility for launching the missiles. - Commercial and financial relations between the UAE and Iran have therefore entered a substantially more restrictive phase. - The Strait of Hormuz remains a major regional security and energy-supply risk. - The missile-launch allegation remains disputed because Iran has denied responsibility. No conclusion should be drawn beyond these established facts regarding the origin, intent, or circumstances of the missile incident until independently verifiable evidence establishes them.