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At close · Fri, Aug 7, 2026
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HomeGlobal MarketsTrade & TariffsUAE says a missile targeted one of its ships as Strait…

UAE says a missile targeted one of its ships as Strait of Hormuz tension rises

Iran said the Strait would reopen only after the U.S. accepts Iran’s conditions.

CNBC World reports that the UAE said one of its ships was targeted by a missile as tensions between the U.S. and Iran remain high over the Strait of Hormuz.

According to CNBC Markets, Iran’s military said the crucial waterway would only be reopened when the U.S. accepts Iran’s conditions.

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