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UAE Closes Dubai, Abu Dhabi Stock Markets for Two Days Amid Iran-US Tensions
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UAE Shuts Dubai, Abu Dhabi Stock Markets Amid Iran-US Tensions
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News18
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02-03-2026, 07:46
UAE Shuts Dubai, Abu Dhabi Stock Markets Amid Iran-US Tensions
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UAE closes Dubai and Abu Dhabi stock markets for two days (March 2 & 3) due to escalating Iran-US tensions.
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Decision follows the killing of Iran's Supreme Leader Ali Khamenei in a US-led operation, with UAE bracing for potential missile strikes.
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Capital Markets Authority cited supervisory and regulatory authority for the closure, monitoring regional developments.
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Middle East tensions led to airspace closures in UAE and Qatar, stranding thousands.
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Brent crude surged to $82.37, gold jumped 1.75% to $5,340, and silver remained stable amid 'World War 3' fears.
Read Full Article on News18 in English
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