UAE to unlock billions of dollars for Iran, sources say

A source with knowledge of the arrangement said the move offered a way to help solve the conflict between the United States and Iran as Tehran can claim it extracted compensation for war damages, while Washington can insist it paid nothing

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UAE to unlock billions of dollars for Iran, sources say

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A source with knowledge of the arrangement said the move offered a way to help solve the conflict between the United States and Iran as Tehran can claim it extracted compensation for war damages, while Washington can insist it paid nothing

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Reuters

10:55 PM • June 12 2026 IDT

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.

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