UAE

With large expat populations and large numbers of foreign workers, Gulf States thrive based on trade and having airports open and oil tankers able to transit the Strait of Hormuz.

"Daily life hasn't dramatically changed," Fernández said of the United Arab Emirates, which has emerged as a crypto hub in recent years, with the government investing in and promoting the industry.

IDF: Mojtaba Khamenei is not safe, we will hunt him down • IDF kills Iran's top official Larijani in targeted strike • Israel preps for large Hezbollah barrage

Two explosive drones targeted the US embassy in Baghdad, with one landing near the embassy, according to security sources early Tuesday morning. Smoke was seen rising from the area.

The UAE-India free trade deal, the Israel-UAE agreement that followed the Abraham Accords, and the EU-India pact signed in January have opened new commercial routes across the region.

The shock of repeated strikes is rippling through the business and financial sectors in Dubai.

This follows the same advice of the late Saudi King Abdullah, who had reportedly told Washington repeatedly to “cut off the head of the snake.”

Flights at Dubai International Airport were temporarily suspended due to the incident, and some flights were diverted to Al Maktoum International Airport in Jebel Ali.

Many Iranian residents in Dubai, which hosts one of the largest Iranian diaspora communities in the Gulf, spend their days waiting for brief messages or calls from relatives sheltering inside Iran.

Addressing Iran's overnight strikes targeting Citibank in Bahrain and the United Arab Emirates, Araghchi stated in the interview that they were retaliation for the recent attack on Iran's Bank Sepah.