Iran’sjoint military command has announced it would start targetingbanksand financial institutions in theMiddle East, a threat that would put theUAE's Dubaiat significant risk. Dubai is home to multiple international financial institutions, as is Saudi Arabia and the island kingdom ofBahrain. The Khatam al-Anbiya Headquarters issued a statement identifying the targets.

"The enemy has given us free rein to target economic centres and banks belonging to the United States and theZionistregime," said the military's central operational command in a statement carried bystate TV. The spokesperson warned people of the region to stay 1,000 metres away from banks.

The chilling warning comes after what it described as an Israeli-American attack on an Iranian banking facility. State media reported US and Israeli strikes hit a bank inTehranovernight, killing an unspecified number of employees.

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Iran attacked commercial ships on Wednesday (March 11) across the PersianGulfand targetedDubai International Airport, escalating a campaign of squeezing the oil-rich region as global energy concerns grow.

Two Iranian drones hit near Dubai Airport, home to the long-haul carrierEmiratesand the world’s busiest for international travel. Four people were wounded, but flights continued, the Dubai Media Office said.

Elsewhere, a projectile hit a container ship off the coast of Oman in theStrait of Hormuz, setting it ablaze and forcing most of the crew to abandon the vessel, the British military said.Kuwaitsaid its defences downed eight Iranian drones and Saudi Arabia said it intercepted five drones heading toward the kingdom’s Shaybah oil field.

Iran has effectively stopped cargo traffic in the narrow strait through which about a fifth of all oil is shipped from the Persian Gulf toward the Indian Ocean. It has also targeted oil fields and refineries in Gulf Arab nations, aiming at generating enough global economic pain to pressure the US andIsraelto end their strikes.

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Source: Daily Express :: World Feed