Morning Brief: India — What Happened in the Last 24 Hours

The United Arab Emirates accused Iran of firing two ballistic missiles at its territory, marking the first direct attack since May, and immediately suspended all trade and financial dealings with Tehran.

• What happened: Both missiles fell into the sea, with one landing in UAE territorial waters. The UAE Foreign Ministry declared the halt due to "regional escalations that undermine peace."
• Why it matters: The Strait of Hormuz is a critical...