Iran accuses the UAE of involvement in attacks against it at BRICS foreign ministers' meeting, with tensions in the Strait of Hormuz continuing.

ME News Report, May 15 (UTC+8), at the 2026 BRICS Foreign Ministers’ Meeting held in New Delhi, India, Iranian Foreign Minister Abbas Araghchi accused the United Arab Emirates of participating in the U.S.-Israeli military actions against Iran, leading to an escalation in regional diplomatic tensions. During the meeting, India, as the host, called for ensuring smooth maritime passage through the Strait of Hormuz and the Red Sea, emphasizing that these vital shipping routes should not be affected by geopolitical conflicts. The ongoing tensions in the Middle East continue to impact energy transportation security, raising concerns about the stability of the global oil supply chain. Analysts point out that the security situation in the Strait of Hormuz, as a critical energy corridor, directly influences global energy prices and inflation expectations, constituting a significant macroeconomic risk factor at present. (Source: MLion)