How Dubai's Safe-Haven Status Is Being Tested
Dubai has long been considered a safe haven in the Middle East. But Iran's unprecedented strikes against US allies across the region have put that model to the test.
Dubai has long been considered a safe haven in the Middle East. But Iran's unprecedented strikes against US allies across the region have put that model to the test.
Dubai has long been considered a safe haven in the Middle East. But Iran's unprecedented strikes against US allies across the region have put that model to the test.
The oil market has been roiled by the Iran war, with prices swinging wildly. For regions most dependent on Gulf exports, the strain is already apparent, with wider, global implications on the horizon.
The oil market has been roiled by the Iran war, with prices swinging wildly. For regions most dependent on Gulf exports, the strain is already apparent, with wider, global implications on the horizon.
Dubai International Airport briefly halted operations on Wednesday after drones smashed down at the facility, resulting in four injuries at the world's busiest international hub. The widening war with Iran continues to disrupt travel with more than 46,000 flight cancellations across the region since the conflict began on Feb. 28. Bloomberg's Leen Al-Rashdan reports.
Dubai International Airport briefly halted operations on Wednesday after drones smashed down at the facility, resulting in four injuries at the world's busiest international hub. The widening war with Iran continues to disrupt travel with more than 46,000 flight cancellations across the region since the conflict began on Feb. 28. Bloomberg's Leen Al-Rashdan reports.
The US-Israeli attacks on Iran have triggered a regional crisis and sent energy prices skyward. In the US, President Donald Trump's decision to go to war also could hurt his party in an election year.
The US-Israeli attacks on Iran have triggered a regional crisis and sent energy prices skyward. In the US, President Donald Trump's decision to go to war also could hurt his party in an election year.