A U.S.-led naval blockade is disrupting Iran’s “shadow fleet” of tankers, which Tehran has used to secretly ship oil despite sanctions, according to The Wall Street Journal. Heightened enforcement in key waterways is squeezing Iran’s ability to move crude, raising pressure on its wartime finances and tightening global energy market oversight.
The United Arab Emirates is seeking financial support from the U.S. to help shore up its economy during wartime disruptions, according to The Wall Street Journal.
The request underscores concern about regional instability and energy-market shocks, as U.A.E. officials look for backing to stabilize markets and maintain critical financial flows.
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