Economy
UAE Says Tensions in Gulf ‘Can Only Be Addressed Politically’

(Bloomberg) — The United Arab Emirates called for de-escalation and a political solution to the tensions gripping the Gulf region after U.S. President Donald Trump abruptly called off a plan for airstrikes against Iran.
“Tensions in the Gulf can only be addressed politically,” the UAE’s minister of state for foreign affairs, Anwar Gargash, said on Twitter on Sunday.
Tensions in the Gulf can only be addressed politically. Crisis long in the making requires collective attention; primarily to de escalate & to find political solutions thru dialogue & negotiations. Regional voices important to achieve sustainable solutions.
— د. أنور قرقاش (@AnwarGargash) 23 June 2019
The downing of an unmanned drone on Thursday raised fears of military conflict in a region that’s vital to global energy supplies.
Read more: Saudi Stocks Fall as Iran Tensions Increase
Trump abruptly called off a plan for airstrikes against Iran and has invited the Islamic Republic’s leaders to hold talks after he unilaterally pulled the U.S. out of the multi-party 2015 nuclear deal last year and imposed punishing sanctions on the country.
Also Read:
https://www.businessliveme.com/uae-wont-be-baited-into-iran-crisis-as-tensions-mount/
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