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The US and Iran have traded retaliatory strikes after a US Apache helicopter crashed near the Strait of Hormuz, triggering fears of a new phase of conflict. Washington says its operation is over, but Tehran pledges to respond to any further military action, testing the fragile ceasefire brokered in April.
The UAE failed to secure support from IMO member states for a resolution against Iran, marking a diplomatic setback. The proposed text criticizing Iran's maritime activities lacked backing from key maritime powers and Arab states. Iran welcomed the outcome, viewing it as validation of its position.
The UAE's withdrawal from OPEC, effective May 2026, is driven by a deep strategic rift with Saudi Arabia, not by technical oil policy disputes. The move marks a significant geopolitical shift, as Abu Dhabi seeks to distance itself from Riyadh's control and align more closely with Washington amid escalating regional tensions.
