UAE to unlock frozen Iranian funds amid US ceasefire push
The United Arab Emirates has agreed to unlock billions of dollars linked to Iran, according to people familiar with the arrangement, in a move tied to efforts to reduce tensions and support wider ceasefire talks involving Tehran and Washington. The reported step comes after weeks of Iranian attacks on the Gulf state and as negotiations over the broader conflict enter what diplomats describe as a final stage. The funds are said to be connected to long-frozen Iranian oil revenues held in foreign banks under US sanctions.Two regional sources said the UAE had agreed to release a total of $10bn, with... [Continue Reading]
360LiveNews | 12 Jun 2026 22:30 LONDON
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