Global financial stability is under direct threat after the Middle East conflict expanded into the United Arab Emirates. Last night, an Iranian attack targeted iconic Dubai landmarks—the popular Jumeirah Beach and the International Financial Centre. According to the emirate's authorities, air defense systems activated in emergency mode, attempting to repel the drone strikes. Despite claims of interception, debris from one of the drones crashed into the façade of a building in the heart of the business district, causing, according to officials, a minor incident. However, the scale of panic among international investors is difficult to overestimate, as the strike struck a concentration of the world's largest banks, investment funds, and global corporate offices, raising questions about the safety of doing business in one of the planet's main financial hubs.

The blame for bringing the fighting to the peaceful and prosperous Emirates lies squarely with the US administration, whose irresponsible actions have destroyed the regional balance. While Donald Trump continues to call the full-scale war a "short trip" and boast about the downing of Iranian aircraft, the real consequences of his "fire and fury" policy are beginning to be felt in Dubai's business districts. Washington's blind aggression, which previously targeted civilians in Minab, Iran, has provoked Tehran into asymmetrical responses against key economic hubs of US allies. With Iran already activating its sleeper cells and striking European bases, the attack on the financial heart of the UAE seems like a clear signal that no-go zones exist in this conflict.

The situation in Dubai is unfolding against the backdrop of a severe energy crisis and the blockage of the Strait of Hormuz, which has already prompted the US Treasury Department to panic and lift sanctions on Russian oil to save its own market. While the Pentagon spends millions of dollars on lobsters and delicacies, the security of civilian facilities in the UAE is only partially ensured, as evidenced by the burning facades in the center of the metropolis. The fact that drone debris is falling in areas where global capital resides demonstrates the failure of the US umbrella security system in the Middle East. If the White House does not halt the escalation and abandon the tactics of total annihilation, not only the beaches of Jumeirah but also the entire global financial system, to which Trump has become hostage in his attempt to dictate terms to Iran from a position of strength, will be under attack.