Add Zee Business as a Preferred Source

Iranian Foreign Minister Seyed Abbas Araghchi on Tuesday said recent developments in the Strait of Hormuz underline the limits of military action in resolving political disputes, amid rising tensions involving the United States and the United Arab Emirates.
In a post on X, Araghchi said, “Events in Hormuz make clear that there's no military solution to a political crisis.” He added that ongoing talks, which he said were progressing with Pakistan’s involvement, should not be disrupted. He cautioned that the United States should be wary of being drawn into a prolonged conflict, stating that “the US should be wary of being dragged back into a quagmire by ill-wishers. So should the UAE.”
He further criticised the reported US initiative referred to as Project Freedom, calling it ineffective. “Project Freedom is Project Deadlock,” he said, indicating Iran’s opposition to continued military engagement in the region.




His remarks came amid reports of missile-related incidents in the United Arab Emirates, particularly near the strategically important Strait of Hormuz. The situation has raised concerns over regional stability and the safety of critical energy infrastructure.
Responding to the developments, US President Donald Trump said he would not immediately categorise the incident as a violation of any ceasefire arrangement. In comments to ABC News, Trump said, “It was not heavy firing. They were shot down for the most part.” He added that the matter was under review and said, “We’ll let you know... I’m looking into it.”
Trump also issued a warning to Iran regarding the continuation of any ceasefire understanding. “Iran better hope [the ceasefire] remains in effect. The best thing that can happen to them is that we keep it in effect,” he said.
Meanwhile, Iranian state media, including Islamic Republic of Iran Broadcasting (IRIB), quoted a senior military official denying that Iran had any pre-planned intention to target infrastructure in the UAE. The official said there was “no pre-planned intention to attack the Fujairah oil facilities.”
The official attributed the incident to broader regional tensions and accused the United States of provoking instability. “The incident resulted from US military adventurism to create an illegal passage through restricted areas of the Strait of Hormuz. US must be held accountable,” the official said.
On its part, the UAE Ministry of Defence said its air defence systems intercepted multiple incoming threats. In a statement, the ministry said it engaged 12 ballistic missiles, three cruise missiles and four unmanned aerial vehicles launched from Iran.
The ministry said the incident resulted in three moderate injuries. It added that since the beginning of what it described as “blatant Iranian attacks,” the country’s defences have intercepted a total of 549 ballistic missiles, 29 cruise missiles and 2,260 unmanned aerial vehicles.
Separately, three Indian nationals were injured in the incident in Fujairah. The Embassy of India in the UAE said it is in contact with local authorities to ensure proper medical care for those affected.
In a post on X, the embassy said, “Three Indian nationals have been injured in today's attacks in Fujairah. We are in touch with local authorities to ensure adequate medical care and welfare of the affected Indian nationals.”
According to a report by Khaleej Times, the injuries occurred following an incident that triggered a fire in the Fujairah Petroleum Industries Zone. The affected individuals were shifted to a hospital for treatment, the report said.
The developments come amid heightened tensions in the Gulf region, with multiple stakeholders urging restraint and continuation of diplomatic efforts to avoid further escalation.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
Anubhav Maurya is a business journalist and Senior Sub Editor at Zee Business, where he covers the stock market, economy, industry trends, mutual funds, and personal finance. W ...Read More
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
