Deadly Strikes on UAE Upset Efforts to Ease Gulf Frictions

Bloomberg Politics published this video item, entitled “Deadly Strikes on UAE Upset Efforts to Ease Gulf Frictions” – below is their description.

Iran-backed Yemeni fighters have launched drone strikes on the United Arab Emirates, and that’s caused explosions and a deadly fire outside the capital, Abu Dhabi. It ratchets up the security risk in the major oil exporting region at a critical time. Bloomberg’s Simone Foxman reports on “Bloomberg Daybreak: Middle East.”

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Bloomberg Politics produces English language political stories from around the world, from a US perspective. Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.

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In This Story: Iran

Iran, also called Persia, officially the Islamic Republic of Iran, is a country in Western Asia. Its central location in Eurasia and proximity to the Strait of Hormuz give it significant geostrategic importance. Tehran is the capital and largest city.

Iran is home to one of the world’s oldest civilizations, beginning with the formation of the Elamite kingdoms in the fourth millennium BC. The Iranian Revolution established the current Islamic Republic in 1979.

Iran’s political system combines elements of a presidential democracy and an Islamic theocracy. Iran is a founding member of the UN, ECO, OIC, and OPEC. It is a major regional and middle power and has large reserves of fossil fuels — including the world’s largest natural gas supply and the third largest proven oil reserves.

The country’s rich cultural legacy is reflected in part by its 22 UNESCO World Heritage Sites. Historically a multi-ethnic country, Iran remains a pluralistic society comprising numerous ethnic, linguistic, and religious groups, the largest being Persians, Azeris, Kurds, Mazandaranis and Lurs.

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In This Story: United Arab Emirates

The United Arab Emirates, sometimes simply called the Emirates, is a sovereign state in Western Asia located at the eastern end of the Arabian Peninsula. It borders Oman and Saudi Arabia, and has maritime borders in the Persian Gulf with Qatar and Iran.

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