US-Israel-Iran War Latest Live News: The developing dispute between the US, Israel and Iran is exerting new diplomatic and economic pressure in the region. Turkey expressed its disapproval of Israel’s attack on the Syrian Airbase of Abu al-Duhur on August 19. In addition to that, the United Arab Emirates has stopped all trade and financial dealings with Iran due to escalating missile conflicts and furthermore, the price of oil has risen to more than $90 per barrel.
US-Israel-Iran War Latest Live News: Turkey Rejects Israel’s Syria Justification
The Israeli explanation was dismissed by the Turks as “untenable” as the Israeli government claimed that the strike was carried out due to the fear that the Turks would station troops at the air base located near Aleppo. However, the Turks have accused Netanyahu’s administration of using this as an excuse to carry out “illegal strikes” against the Syrians. The strike on August 18 is said to have destroyed the runway and some of the other facilities at Abu al-Duhur air base without any casualties.
Tensions have heightened across the Middle East, with Israel carrying out a widely-condemned strike on Syria, US President Donald Trump threatening Oman, and the United Arab Emirates suspending all trade and financial transactions with Iran “until further notice.”
“The imputations voiced stem from Netanyahu’s intent to pursue expansionist and destabilising policies in the region ahead of the elections in Israel,” the Turkish government said.
The Turkish government added that it would continue to cooperate with the Syrian government “on a legitimate basis for the establishment of peace, stability, and prosperity.”
US-Israel-Iran War Latest Live News: UAE Suspends Trade With Iran
The UAE has made a huge economic move as they decided to stop trading, doing any business and making any kind of monetary transaction with Iran. This was after the detection of ballistic missiles coming from Iran, but Iran denies this allegation.
The importance of this decision lies in the fact that the UAE has always acted as a gateway for Iranian products. Before the existing conflict, UAE had provided more than 30% of the imports and 13% of the exports of Iran, as reported by The Associated Press.
US-Israel-Iran War Latest Live News: Oil Crosses $90 as Hormuz Risk Grows
The energy markets continue to be quite reactive to events occurring in relation to the Strait of Hormuz, which is among the most significant shipping lanes for oil. The price of Brent crude has now risen above $90 per barrel, marking its highest point in nearly a month due to the ongoing stalemate between Iran and the United States.
US-Israel-Iran War Latest Live News: Oman Caught Between Washington & Tehran
The part played by Oman is now equally complicate as Muscat has always been an intermediary between Washington and Tehran, as well as the venue for holding nuclear negotiations before the war. Ever since the war broke out on 28 February, Oman continues its endeavors concerning the Strait of Hormuz. US President Donald Trump of the United States has, however, threatened Oman in connection with its involvement in the water dispute.
“If Oman gets in the way, we’ll bomb the shit out of them,” Trump said in an interview with Fox News on Monday, as Tehran said that talks with Muscat over the vital waterway were ongoing.
US-Israel-Iran War Latest Live News: What Happens Next?
The main concern is whether the war will spread from Iran, Israel and the USA to other countries. The dispute between Turkey and Israel over Syria, the UAE breaking off economic relations with Iran and uncertainties over Hormuz prove that the war is impacting neighbouring countries.
For now, diplomacy remains the only realistic route to prevent further escalation. The US is reportedly working on a deconfliction mechanism involving Turkey, Israel and Syria, aimed at reducing the risk of accidental military confrontation.
Disclaimer: This article is based on verified reports and official statements available at publication time. Developments in the conflict may change rapidly.
