# UAE Cuts Economic Ties With Iran, SK Hynix Moves to Calm Market | The Opening Trade 8/19/2026

https://mins.news/en/video/26114

- Bloomberg Television, 2026-08-19 11:45 UTC
- World
- Original: https://www.youtube.com/watch?v=kFAnyQOERDg

> The UAE said it was severing all economic ties with Tehran after accusing Iran of launching ballistic missiles at its territory, raising regional tensions. SK Hynix plans to buy back 40 trillion won ($29 billion) in shares and return more profit to shareholders, seeking to ease concerns over the durability of AI spending.

## Stories

- [Iran US War and Gulf Escalation](https://mins.news/en/topic/iran-us-war-and-gulf-escalation) — Markdown: https://mins.news/en/topic/iran-us-war-and-gulf-escalation.md

## Related coverage

- [Bessent’s Treasury Market Intervention, Samsung and SK Hynix Buybacks | The Opening Trade](https://mins.news/en/video/27441) — Bloomberg Television, 2026-08-20
- [SK Hynix Plans $29 Billion Share Buyback Amid Chip Selloff](https://mins.news/en/video/26176) — Bloomberg Television, 2026-08-19
- [UAE trade embargo could cut off Iran’s key economic escape route](https://mins.news/en/item/26171) — Al Jazeera, 2026-08-19
- [UAE financial embargo on Iran after missile threat puts rivalry back in spotlight](https://mins.news/en/item/26067) — Reuters, 2026-08-19
- [UAE halts trade and financial transactions with Iran after missile attack](https://mins.news/en/item/25498) — TASS, 2026-08-18