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As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens

2

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

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The river that supplies 40 million Americans is down to 23% — and about to make a $25 million bet on one fish
PoliticsIran

Iran openly threatens neighbor’s non-U.S. assets for first time, telling UAE ports to evacuate

By
Jon Gambrell
Jon Gambrell
,
Sam Mednick
Sam Mednick
,
Konstantin Toropin
Konstantin Toropin
,
Samy Magdy
Samy Magdy
, and
The Associated Press
The Associated Press
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By
Jon Gambrell
Jon Gambrell
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Sam Mednick
Sam Mednick
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Konstantin Toropin
Konstantin Toropin
,
Samy Magdy
Samy Magdy
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The Associated Press
The Associated Press
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March 14, 2026, 3:09 PM ET
Plumes of smoke rise after debris from an intercepted Iranian drone struck an oil facility, according to authorities, in Fujairah, United Arab Emirates, Saturday, March 14, 2026.
Plumes of smoke rise after debris from an intercepted Iranian drone struck an oil facility, according to authorities, in Fujairah, United Arab Emirates, Saturday, March 14, 2026.AP Photo/Altaf Qadri

Iran issued an evacuation warning for three major ports in the United Arab Emirates on Saturday, including the busiest in the Middle East, openly threatening a neighboring country’s non-U.S. assets for the first time as its war with the U.S. and Israel entered its third week.

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Iran said the U.S. had used “ports, docks and hideouts” in the UAE to launch strikes on Iran’s Kharg Island, without providing evidence. It urged people to evacuate areas where it said U.S. forces were sheltering.

Hours after the threat, there was no sign of an attack on Dubai’s Jebel Ali port — the Mideast’s busiest — or the Khalifa port in Abu Dhabi. But Associated Press images showed a fire at the third port, in Fujairah, caused by debris from an intercepted Iranian drone hitting an oil facility.

Iran says the US attacked from close to Dubai

Iranian Foreign Minister Abbas Araghchi told MS NOW that the U.S. attacked Kharg Island and Abu Musa Island with low-range artillery from two locations in the UAE, Ras Al-Khaimah and a place “very close to Dubai,” calling that dangerous and saying Iran “will try to be careful not to attack any populated area” there.

Iran has fired hundreds of missiles and drones at Arab Gulf neighbors during the war, but it said it was targeting U.S. assets, even as hits or attempts were reported on civilian ones such as airports and oil fields.

On Friday, U.S. President Donald Trump said the U.S. “obliterated” military sites on Kharg Island, home to the main terminal handling Iran’s oil exports. He said oil infrastructure could be next if Tehran continues to interfere with ships’ passage through the Strait of Hormuz, where vessels are backed up and one-fifth of global oil supplies usually transit.

Iran’s parliamentary speaker has said strikes against the country’s oil infrastructure would provoke a new level of retaliation.

As global anxiety soars over oil prices and supplies, Trump said Saturday that he hopes China, France, Japan, South Korea, the U.K. and others send warships to keep the Strait of Hormuz “open and safe.” Britain in response said it was discussing with allies a “range of options” to secure shipping.

Iran repeats threat against US-linked oil assets

On Saturday, Iran’s joint military command reiterated its threat to attack U.S.-linked “oil, economic and energy infrastructures” in the region if the Islamic Republic’s oil infrastructure is hit.

Iran’s semiofficial Fars news agency said the Kharg Island strikes caused no damage to oil infrastructure. It said they targeted an air defense facility, a naval base, the airport control tower and an offshore oil company’s helicopter hangar.

U.S. Central Command said it destroyed naval mine storage facilities, missile storage bunkers and other military sites.

Israel earlier announced another wave of strikes in Iran targeting infrastructure, and said its air force had hit more than 200 targets in the last 24 hours, including missile launchers, defense systems and weapons production sites.

Marines and an assault ship will add to US forces

A U.S. official said Friday that 2,500 more Marines with the 31st Marine Expeditionary Unit and the amphibious assault ship USS Tripoli were being sent to the Middle East, adding to the military’s largest buildup of warships and aircraft in the region in decades. The official spoke on condition of anonymity to discuss sensitive military plans.

Marine Expeditionary Units can conduct amphibious landings but also specialize in bolstering security at embassies, evacuating civilians and providing disaster relief. The deployment doesn’t necessarily indicate that a ground operation will take place. The Wall Street Journal first reported the Marine deployment.

The Tripoli was spotted by commercial satellites sailing near Taiwan, putting it more than a week away from waters off Iran.

Earlier in the week, the Navy had 12 ships, including the aircraft carrier USS Abraham Lincoln and eight destroyers, in the Arabian Sea. The total number of U.S. service members on the ground in the Middle East isn’t clear.

Another attack on the US Embassy in Baghdad

A missile struck a helipad inside the U.S. Embassy compound in Baghdad on Saturday. No one immediately claimed responsibility for the attack. The embassy complex, one of the largest U.S. diplomatic facilities in the world, has been repeatedly targeted by rockets and drones fired by Iran-aligned militias.

There was no immediate comment from the embassy. On Friday, it renewed its Level 4 security alert for Iraq, warning that Iran and Iran-aligned militia groups have previously carried out attacks against U.S. citizens, interests and infrastructure and “may continue to target them.”

Meanwhile, Lebanon’s humanitarian crisis deepened, with over 800 people killed and 850,000 displaced as Israel launched waves of strikes against Iran-backed Hezbollah militants.

Subscribe to Fortune Gulf Brief. Every Tuesday, this new newsletter will deliver clear-eyed, authoritative intelligence on the deals, decisions, policies, and power shifts shaping one of the world’s most consequential regions, written for the people who need to act on it. Sign up here.
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