Iran's foreign ministry spokesman Ismail Baqaei rejected a statement from the United Arab Emirates accusing Tehran of launching missiles at the Gulf state. Baqaei said in a statement that the UAE's accusations "lack any basis", and considered them contrary to the principle of good neighbourliness and damaging to efforts to build trust between countries in the region.
The Emirates reported that two Iranian missiles were launched against the country on Tuesday, according to assessments carried out by Emirati authorities. The first fell outside the state's territorial waters, while the second fell within them. The Emirates said the missiles were launched "from Iran" in the direction of the nation.
The UAE's foreign ministry issued a statement announcing that the country decided to "suspend all commercial activities and exchanges, financial transactions with Iran, until further notice". The Emirates attributed this measure to "the regional escalation that has undermined peace and regional and international security".
The Emirates have suffered a series of Iranian attacks including drones and approximately three thousand ballistic missiles following the outbreak of war in the Middle East in late February. The country reported direct attacks for the last time in May.
Since a memorandum of understanding between Washington and Tehran came into force in mid-June, which subsequently collapsed, the Emirates have not reported attacks, unlike other Gulf countries that were struck by attacks after the parties to the war resumed hostilities in July.