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Reuters: UAE frees Iranian funds for ceasefire
Reuters reported that the UAE has agreed to release billions of dollars to Iran, amounting to approximately $10 to $20 billion, as a tactical move in exchange for halting Iranian attacks on the Gulf country during the US-Israeli war against Iran. This development coincides with the final stages of negotiations between Tehran and Washington to end the conflict, which include the possibility of releasing billions of dollars in frozen Iranian oil revenues. This comes after Iranian attacks on the UAE, including an attack on the Fujairah port. It is believed that the agreement aims to ease tensions and strengthen relations between the two nations.
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