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Iran War: UAE's Fujairah Oil Port Damaged, Iran Denies It Wants Truce | The Opening Trade 3/16/2026

Iran denied US President Donald Trump's assertion that it wants ceasefire talks, launching fresh attacks across the Persian Gulf and forcing a suspension of flights at Dubai's main airport. The United Arab Emirates and Saudi Arabia reported drone and missile attacks overnight into Monday. Dubai halted flights at its main airport but announced a gradual resumption a few hours later, though Emirates said some of its scheduled flights for the day would be canceled. The key UAE oil-export port of Fujairah was hit again on Monday, following a strike on Saturday that forced it to suspend some shipments for about a day. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Lizzy Burden and Tom Mackenzie. (Source: Bloomberg)