Middle East crisis: UAE intercepts Iranian missiles, drones as fragile ceasefire falters
🔴 Tension RisingMoneycontrol.com2026-05-05
The UAE’s air defenses engaged missiles and drones originating from Iran, escalating tensions in the Gulf. Despite the US claiming the ceasefire remains in place, concerns persist about a potential broader escalation around the strategically vital Strait of Hormuz. President Trump maintains the ceasefire, allowing continued operations without congressional authorization.