UAE residents face fallout as US-Iran talks stall over blockade and oil flows

Iranian President Masoud Pezeshkian told the UN on Wednesday that Tehran will never "bend at the knee" to US pressure, even as both nations hold indirect negotiations in New York. The US military has redirected 115 commercial vessels under its naval blockade of Iran. The diplomatic talks involve Iranian Foreign Minister Abbas Araghchi meeting with US envoys, with Qatar mediating. Iran has proposed a roadmap including a 60-day ceasefire and phased reopening of the Strait of Hormuz, while demanding an end to the blockade and release of frozen assets. No agreement has been announced. Asian crude imports have recovered but remain about 13% below pre-war levels, with Brent around $102.80 a barrel. Air France extended flight suspensions to Dubai through Oct. 13. The conflict continues affecting energy prices, shipping, and Gulf security for UAE residents.