{"id":3693,"date":"2026-08-14T14:24:51","date_gmt":"2026-08-14T14:24:51","guid":{"rendered":"https:\/\/blog.cedritech.com\/?p=3693"},"modified":"2026-08-14T14:24:51","modified_gmt":"2026-08-14T14:24:51","slug":"uae-accuses-iran-of-hormuz-attacks-as-vance-says-cheap-gas-is-goal-number-one","status":"publish","type":"post","link":"https:\/\/blog.cedritech.com\/?p=3693","title":{"rendered":"UAE accuses Iran of Hormuz attacks as Vance says cheap gas is “goal number one”"},"content":{"rendered":"

What to know about the Iran war today:<\/h2>\n

The United Arab Emirates on Friday blamed Iran for attacks on two vessels linked to its state-owned oil company as they passed through the Strait of Hormuz a day earlier.Vice President JD Vance told Fox News on Thursday that “goal number one” for the Trump administration is to “keep oil and gas cheap for Americans all over our country,” followed by ensuring “Iran never gets a nuclear weapon.”Treasury Secretary Scott Bessent threatened Thursday to subject Iran to economic isolation “like the world has never seen before,” adding that new measures are expected next week.<\/p>\n

U.S.-led coalition intercepts 3 drones over Iraq’s Erbil<\/h2>\n

The U.S.-led coalition has intercepted at least three drones over the skies of Erbil, in the Kurdistan region of northern Iraq, according to the local counter-terror agency.<\/p>\n

The interceptions happened early Friday, between 2:17 a.m. and 2:25 a.m. local time, when\u00a0 coalition forces shot down three “bomb-laden drones,” the Erbil-based Directorate General of Counter Terrorism said in a statement on\u00a0X.<\/p>\n

\n
<\/div>\n
<\/div>\n<\/div>\n

There were no casualties in the incident.<\/p>\n

Erbil has been repeatedly attacked since hostilities between the U.S. and Iran resumed in early July. The city hosts American forces at Erbil Air Base, and an American consulate.<\/p>\n

Stocks mixed as oil climbs, dollar drops<\/h2>\n

Major stock markets traded mixed in sparse summer trading Friday, with oil prices edging higher and the dollar slipping as investors assess the outlooks for U.S. interest rates and the war in the Middle East.<\/p>\n

Data this week showing cooler inflation in the U.S. has bolstered expectations that the Federal Reserve will not rush to raise borrowing costs, potentially crimping growth. But with the U.S.-Iran conflict showing little sign that it could soon end, worries about stubborn inflation dominated attention across markets.<\/p>\n

\n
<\/div>\n
<\/div>\n<\/div>\n

Vice President JD Vance said Thursday that the country’s top priority in the Iran war was to bring down gasoline prices for American consumers.<\/p>\n

<\/div>\n

Energy prices on markets have in recent weeks swung between big gains and losses as resurgent strikes in the Middle East give way to hopes of a peace deal, and vice versa.<\/p>\n

The country’s Kospi index had tanked about 40% between hitting its June high and an intra-day trough on August 6, but has since rebounded more than 20%.<\/p>\n

Friday also saw gains for Tokyo, where tech giants Kioxia, Advantest and Sony rallied along with the technology investment titan SoftBank.<\/p>\n

\n
<\/div>\n
<\/div>\n<\/div>\n

Singapore, Jakarta, Bangkok, Manila and Wellington were also up, while Hong Kong, Sydney, Taipei and Mumbai slipped and Shanghai ended little changed.<\/p>\n

In European midday deals, London dipped while Paris and Frankfurt rose, following gains on Wall Street on Thursday that saw the S&P 500 again hit a record high.<\/p>\n

Saudi crown prince meets U.S. CENTCOM commander<\/h2>\n

Saudi Crown Prince and Prime Minister Mohammed bin Salman met Thursday with U.S. Central Command Commander Adm. Brad Cooper.<\/p>\n

At the meeting, they discussed Saudi-U.S. defense cooperation, regional developments, and efforts to reduce tensions and strengthen security and stability in the region, according to the state-run\u00a0Saudi Press Agency, without going into specifics.<\/p>\n

Iran has “complete and decisive” control over Strait of Hormuz, says naval commander says<\/h2>\n

Iran has “complete and decisive” control over the Strait of Hormuz, according to the newly appointed commander of the Islamic Revolutionary Guard Corps’ navy.<\/p>\n

\n
<\/div>\n
<\/div>\n<\/div>\n

“We have complete and decisive control over movements,”\u00a0Rear Admiral Ali Azmaei said.\u00a0“No activity in the Strait of Hormuz escapes the watch of the IRGC Navy’s fighters.”<\/p>\n

He added that “reality should be seen on the ground, not in the statements and declarations of U.S. officials.”<\/p>\n

Saudi Arabia condemns Iranian attacks on UAE tankers in Strait of Hormuz<\/h2>\n

Saudi Arabia condemned on Friday attacks on two tankers belonging to the state oil company of the United Arab Emirates, accusing Iran of being the perpetrator.<\/p>\n

In a statement on\u00a0X, the kingdom’s foreign affairs ministry stressed “Saudi Arabia’s strongest condemnation and denunciation of the targeting of two tankers belonging to the UAE’s ADNOC [Abu Dhabi National Oil Company] company while crossing the Strait of Hormuz, in a rejected repetition of Iranian attacks targeting commercial ships and tankers.”<\/p>\n

\n
<\/div>\n
<\/div>\n<\/div>\n

Iran and its proxy, Yemen’s Houthi rebels, have repeatedly targeted commercial vessels in the Strait of Hormuz and Red Sea. The U.S. military has also struck commercial tankers in the region.<\/p>\n

UAE says Iran attacked two vessels in Strait of Hormuz<\/h2>\n

The United Arab Emirates on Friday blamed Iran for attacks on two vessels linked to its state-owned oil company as they passed through the Strait of Hormuz a day earlier.<\/p>\n

Iran has imposed an effective blockade of the strait, frequently attacking commercial ships, and wants to charge users for passage, which the U.S. fiercely opposes.<\/p>\n

The UAE foreign ministry denounced what it called “the hostile Iranian attack” targeting two vessels affiliated with the Abu Dhabi National Oil Company (ADNOC) “with no injuries reported.”<\/p>\n

\n
\"A