Gulf War Intensifies: Trump Targets Hormuz, Iran Threatens UAE Bases

• US realizes Iran's control over Strait of Hormuz impacts global oil/gas, affecting countries like India.
• President Trump announced plans to make Hormuz a safe passage, urging allied nations to send warships, and vowed to destroy Iranian military bases.
• Iran warned of attacks on US bases in UAE cities like Dubai and Abu Dhabi, urging civilians to evacuate, and targeting ports/docks.
• Iran's threat to UAE is due to its alliance with the US; attacks could impact India's exports via Dubai Free Trade Zone.
• Escalation feared if US attacks Iran's Kharg Island (key for oil exports), potentially drawing Gulf countries into a wider conflict and impacting India's economy (LPG, GDP, rupee).