Gulf businesses reel as Iran strikes trigger regional shutdowns


FE Team | Published: March 02, 2026 01:01:59


Gulf businesses reel as Iran strikes trigger regional shutdowns


DUBAI, Mar 01 (Reuters) - Iran's retaliatory strikes across the Gulf have triggered the most widespread business disruption in the region since the pandemic, forcing airport closures, halting port operations and sending shockwaves through financial markets.
The attacks, launched in response to a joint US-Israeli assault on Iran, landed across every major state in the Gulf, a region that has spent decades building its reputation as one of the world's most reliable business hubs.
Three people were killed by the attacks in the United Arab Emirates and loud bangs were heard for a second day in Dubai and Abu Dhabi on Sunday.
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