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UAE to unlock billions of dollars for Iran, sources say (opens original article in a new tab)

TL;DR

UAE sources say UAE will unlock billions for Iran in a tactical shift after Iranian attacks, with $10 billion to $20 billion in funds involved, in exchange for halting attacks and easing regional tensions.

  • UAE sources say UAE will unlock billions for Iran in a tactical shift after Iranian attacks.
  • The move involves $10 billion to $20 billion in funds, with $3 billion already delivered, in exchange for halting Iranian attacks.
  • The arrangement aims to ease regional tensions and could involve frozen Iranian assets in UAE banks, with no immediate comment from Iranian authorities.

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