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What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
## US Redirects Ships Amid Hormuz Standoff
The ongoing standoff between the US and Iran over the Strait of Hormuz has intensified, with the US Navy redirecting additional commercial vessels. This move is part of Washington's efforts to enforce a blockade on Iran, which Tehran has dismissed as ineffective. The strategic waterway remains a focal point of tension, affecting global oil markets.
## Global Oil Demand Impacted
The International Energy Agency (IEA) has reported a projected decline in global oil demand by 1.6 million barrels per day in 2026, influenced by the Hormuz closure and high fuel prices. However, the IEA anticipates a recovery in demand by 2027.
## Iranian Response
Iranian officials have rejected US claims of control over the Strait, asserting that the waterway remains under Iranian management. Iran's military has labeled US statements as false, maintaining that no vessel can pass without Iranian permission.
## Environmental Concerns
Iran has raised alarms over an oil spill in the Strait, demanding compensation from those responsible. The spill, which has reached Qeshm Island, is believed to have originated from an incident involving a foreign bulk carrier.
## Broader Regional Tensions
The situation in the Strait of Hormuz is part of a broader regional conflict involving multiple actors. Recent Israeli strikes in Gaza and tensions in Lebanon have further complicated the geopolitical landscape, with the Arab League condemning Israeli actions.
## US Military Actions
The US Central Command has confirmed the redirection of 59 vessels and the boarding of two others as part of its blockade enforcement. President Trump has claimed "total control" over the Strait, a statement Iran has strongly contested.
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