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DUBAI, United Arab Emirates (AP) — The United Arab Emirates for decades has advertised itself as a haven for international business in a Middle East awash in violent upheaval. Those waves have now crashed into this nation, testing its economic model like never before.

The UAE, a close ally of the United States and Israel, faced more missile and drone attacks from Iran during the war than any other country. The attacks — and Iran's chokehold on the Strait of Hormuz — have more than halved the Emirates' exports of crude oil and natural gas. Its tourism and conference sectors have also suffered.

The country, which sits just across the Persian Gulf from Iran, has portrayed itself as unfazed, even as it makes significant changes. It recently announced plans to build another pipeline to reduce its reliance on the strait, and it dropped out of the OPEC oil cartel so it can boost energy production longer-term, something that had been under consideration since before the war.

While the U.S. and Israel started the war, the UAE is firmly entangled. A drone attack Sunday on its Barakah nuclear power plant underlines the continued risks — even if a shaky ceasefire holds.

Because the Emirates boasts a large surplus of cash, the war’s economic disruptions so far do not appear to have caused major job losses or an exodus of foreign business. The longer the standoff drags on and prevents business as usual in the Emirates, the greater the risk to its image that has been key to drawing international business and investment.

Emirati officials' increasingly accuse Iran of piracy and even terrorism, while threatening to take military action.

The UAE “will not tolerate any threat to its security and sovereignty under any circumstances,” its Foreign Ministry said Sunday night. "It reserves its full, sovereign, legitimate, diplomatic, and military rights to respond to any threats, allegations or hostilities.”

UAE's ruling family directs a more aggressive foreign policy

It's hard to know how the UAE will respond to the Barakah attack, which caused no radiological release and hasn't stopped the nuclear plant in Abu Dhabi's far western desert from operating.

The UAE is a federation of seven autocratically ruled sheikhdoms, including Dubai and Abu Dhabi. Its top ruling body is the Federal Supreme Council, comprised of the hereditary rulers of its seven emirates. But decision-making is dominated by Abu Dhabi's Sheikh Mohammed bin Zayed Al Nahyan and his family.

The ruling family, analysts say, has directed a more aggressive foreign policy in the last decades, including entering the war in Yemen against Iranian-backed Houthi rebels. The UAE helped bring Egyptian President Abdel-Fattah el-Sissi to power in 2013, and is alleged to have sent arms to parties in Sudan and Libya's civil wars, which it denies.