Iranian Goods Continue to Flow into Dubai Despite UAE Sanctions
Summary
Despite the UAE’s halt on trade and financial transactions with Tehran, Iranian goods such as saffron, cumin, pistachios, and almonds continue to stock the old markets of Dubai. Iranian merchants say longstanding commercial ties between Dubai and southern Iran are unlikely to be severed.
Key Points
- Old Dubai markets remain supplied with Iranian goods even after the UAE announced a halt to trade and financial transactions with Tehran.
- Iranian merchants believe the decades-old commercial ties between Dubai and southern Iran will continue.
- The Strait of Hormuz tensions and US attacks have intensified regional friction and trade uncertainty.
