Story perspectives

UAE Urges Negotiation as Oil Prices Soar Amid Conflict

3/9/2026

Center

UAE Ambassador Advocates Peace

Jamal Jama al Musharakh, the United Arab Emirates (UAE) ambassador to the UN, urged de-escalation and negotiations in the U.S.-Israel war with Iran.
Since the conflict began on February 28, oil prices have surged.
Iran has targeted Gulf states, including the UAE, causing disruptions.
The UAE will protect its infrastructure and will not use bases against Iran.
European nations are divided, with some backing the U.S. and others opposing involvement.

Right

Israel Targets Iranian Threats

Israel's U.N. ambassador Danny Danon says Mojtaba Khamenei, Iran's supreme leader, maintains the same radical ideology as his predecessor.
Danon emphasizes Israel's commitment to targeting threats against it.
Danon expresses optimism about reducing Iranian missile attacks, even as the conflict affects the Strait of Hormuz.
Jamal Jama al Musharakh, the UAE ambassador, calls for de-escalation and negotiations.
Musharakh says the UAE is ready to protect assets and will not use bases for actions against Iran.

Left

U.S.-Israel Intensifies Conflict

The U.S.-Israeli military campaign against Iran has entered its tenth day, resulting in over 1,200 deaths in Iran and more than 400 in Lebanon.
Iran has responded with missile strikes on Israel and U.S. military assets in the Gulf.
The U.S. has targeted over 3,000 sites in Iran, including oil depots for the first time.
President Donald Trump has called for Iran's "unconditional surrender," while Iran's supreme leader, Mojtaba Khamenei, maintains hardline policies.
The conflict has disrupted oil markets, pushing prices close to $120 a barrel, prompting Bahrain to declare "force majeure."

History

Historical Context

The 1979 Iranian Revolution overthrew Shah Mohammad Reza Pahlavi, leading to a significant oil crisis as production plummeted and prices surged from $13 to $39 per barrel. This upheaval disrupted global oil supplies, prompting Saudi Arabia to increase production. Today, tensions with Iran continue to affect oil markets, with prices nearing $120 per barrel, reflecting ongoing instability in the region.

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UAE Ambassador Advocates Peace

Jamal Jama al Musharakh, the United Arab Emirates (UAE) ambassador to the UN, urged de-escalation and negotiations in the U.S.-Israel war with Iran.
Since the conflict began on February 28, oil prices have surged.
Iran has targeted Gulf states, including the UAE, causing disruptions.
The UAE will protect its infrastructure and will not use bases against Iran.
European nations are divided, with some backing the U.S. and others opposing involvement.

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