Tensions in the Gulf region have escalated as Iran launched missile attacks against the United Arab Emirates (UAE) on Monday, claiming to have targeted a US warship near the Strait of Hormuz. This marks a significant breach of the fragile ceasefire between the US-Israel coalition and Iran. The UAE's defense ministry reported that it intercepted 15 missiles and four drones fired by Iran, prompting a shift to remote learning for schools in the country. In Fujairah, an Iranian drone attack on a state-owned oil facility injured three Indian nationals, leading India to condemn the strikes and call for an immediate cessation of hostilities. The renewed conflict has resulted in a sharp rise in oil prices, with Brent Crude climbing 5.8% to $114.4, its highest closing price in 2026. Meanwhile, US President Donald Trump warned that any attacks on American ships would be met with severe consequences, asserting that the US Navy is prepared to respond. Iran's claims of attacking a US warship have been denied by the US Central Command, which stated that no American vessels were struck.