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Iran's joint military command has announced new targets, a threat that would put Dubai particularly at risk.
10:50, Wed, Mar 11, 2026 Updated: 10:58, Wed, Mar 11, 2026
Iran’s joint military command has announced new targets, a threat that would put Dubai at risk (Image: Getty)
Iran’s joint military command has announced it would start targeting banks and financial institutions in the Middle East, a threat that would put the UAE's Dubai at significant risk. Dubai is home to multiple international financial institutions, as is Saudi Arabia and the island kingdom of Bahrain. 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 the Zionist regime," said the military's central operational command in a statement carried by state 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 in Tehran overnight, killing an unspecified number of employees.
Two Iranian drones hit Dubai International Airport on Wednesday (Image: Getty)
Iran attacked commercial ships on Wednesday (March 11) across the Persian Gulf and targeted Dubai 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 carrier Emirates and 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 the Strait of Hormuz, setting it ablaze and forcing most of the crew to abandon the vessel, the British military said. Kuwait said its defences downed eight Iranian drones and Saudi Arabia said it intercepted five drones heading toward the kingdom’s Shaybah oil field.
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Explosions were also heard in Beirut and in southern Lebanon on Tuesday (Image: Getty)
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 and Israel to end their strikes.
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Israel said it renewed attacks on Tehran after multiple strikes on Tuesday (March 10) that residents described as some of the heaviest during the war. Explosions were also heard in Beirut, southern Lebanon, after Israel said it was hitting targets connected to the Iran-linked militant Hezbollah group.
Other Israeli strikes on southern and eastern Lebanon killed 14 people, and a Red Cross worker also died Wednesday of wounds sustained on Monday, when his team was hit by an Israeli strike while they were rescuing people from an earlier attack. More than 500 people have been killed so far in Lebanon since Hezbollah triggered the latest round of fighting with Israel after the American and Israeli attacks on Iran started.
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