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  • Exclusive: UAE to unlock billions of dollars for Iran, sources say

    06/12/2026 7:20:05 PM PDT · by Timber Rattler · 52 replies
    Reuters ^ | June 12, 2026 | Andrew Mills, Marwa Rashad and Ahmad Ghaddar
    The United Arab Emirates has agreed to unlock billions of dollars for Iran, four sources ​said, in a tactical shift after weeks of Iranian attacks on the wealthy Gulf Arab state during the U.S.-Israeli war with the Islamic Republic. (snip) Two regional sources told Reuters the UAE had agreed to release a total of $10 billion, more than $3 billion of which had already been delivered. Two other sources with knowledge of the arrangement put the total funds involved at $20 billion, adding that the move had been agreed in return for a ​halt to Iranian attacks on the UAE....