UAE to release billions of dollars to Iran, in major shift meant to halt attacks — report (opens original article in a new tab)

The UAE is releasing billions of dollars to Iran to halt attacks, marking a significant shift in relations amid ongoing US-Iran conflict negotiations.

• UAE agreed to release billions of dollars to Iran in a shift to halt attacks
• Funds may include $10 billion or $20 billion, with some already transferred
• Iranian attacks on UAE ceased after May 4, and talks involve US-Iran conflict resolution
• UAE aims to ease tension and promote regional stability