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The United Arab Emirates has agreed to unlock billions of dollars for Iran, Reuters reported on June 12, citing four sources with knowledge on the matter.
The development came as a deal between the U.S. and Iran to end war is reported to be just a few days away, with reports suggesting that the agreement could involve the release of tens of billions of dollars in Iranian oil revenues frozen in foreign banks under American sanctions.
Two regional sources told Reuters the UAE has agreed to release a total of $10 billion, more than $3 billion of which had already been delivered.
Meanwhile, two other sources put the total funds involved at $20 billion, adding that the move had been agreed in return for a halt to Iranian attacks on the UAE. One of the sources also said a first tranche of $3 billion had already been made available.
But a UAE official, asked by Reuters to comment on the transfer, said that the country is trying to ease tension and foster peace.
“The UAE’s foreign policy is guided by promoting de-escalation and reducing tensions across the region, while advancing lasting peace and stability,” the official said. “The UAE supports efforts, including those undertaken by the United States, to protect the peoples of the region from the repercussions of conflict.”
The UAE took the brunt of Iranian retaliatory strikes after the start of the American-Israeli war on the Islamic Republic, and was attacked even amid the fragile ceasefire.
Just a day earlier, Bloomberg News reported that senior national security officials from the UAE and Iran held a face-to-face meeting for the first time since the start of the war.
The recent reports didn’t clarify, however, if the UAE’s recent moves are linked to the upcoming deal between the U.S. and Iran.
Iran’s Mehr news agency published earlier on June 12 a draft deal with the U.S. which would, if adopted, secure the release of $24 billion in frozen assets within a 60-day period.
The semi-official news agency, citing a source close to Iran’s negotiating team, said that an accord would allow for the “release of $24 billion of Iran’s blocked funds during the 60-day final negotiation period.” It added that half of that sum would be “made available to Iran before the start of negotiations.”
However, a later report by Axios said that the deal will not address the fate of Iran’s billions of dollars of frozen assets around the world.
Commenting on these reports, U.S. Vice President JD Vance said that funds will not be released to Iran for signing a deal or attending a meeting, adding that the potential deal is structured to ensure that economic benefits would flow to the Islamic Republic if it meets its obligations.
The UAE’s agreement with Iran would not have been possible without the approval of the U.S., which means that it could be related, or even a part of the upcoming deal.
In any case, the UAE stands to gain much from the agreement as it will guarantee that there will be no further Iranian strikes, if for example Israel decides to attack the Islamic Republic post the peace deal.
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easier to cut relations with the bank of settlements and join irans position in joining brics. but rothschild goyslop agents comprise the english created nation. self determination is not allowed from those invited to the plant 9 yacht
usa caput. brics atriction war. cubans, sunk these sons of a bi..h
i’m reall not happy with u.a.e not getting pummelled anymore..
uae is uncle sam’s little bitch.
chumpo is nuttyyahoo’s bitch.
and will it shut down the amerikan bases that attacks on iran originated from ? iran will not accept less.
the masters breed strategy in the middle east were using their lackeys in the south of hormuz, name qatar, uae, saudis, kuwait (iraq, after invasion and syria), to try to get closer to iran to attack them. you cannot trust the the little countries created less than one century to expand the land and resources for the empire of exceptionals. iran is the last ancient country to get in the way of total control of the middle east by the exceptionals. masters breed always get what they want.
if i was iran i will be careful, usa empire will continue the war on iran after a pause. masters breed of exceptionals want to expand their empire to iran at any cost. it’s like ukraine, usa empire ignited the war against russia and then gave it to the eurolackeys to continue, they will do the same in the middle-east, after this iranian war, they will create a coalition of lackeys countries to attack iran.
there is about as much chance of a “deal” as there is of being struck by lightning.
lightning is more likely
uae embassy deny me visa cuz they no like gay americunt derpy incel hillbillies
“that the country is trying to ease tension and foster peace.”
in a clown-shoes idiocracy therater organized for the plebs to start completely unnecessary wars to hide epstein files and other atrocities the ruling elite is committing as their crimes are coming out
good for the uae!
i dont see why the zionist cant fight their own wars.
no need for good ordinances ment for them the zionist to be wasted on anyone else.
the only thing the world wonders about with all this? how will trump screw this up? intentionally. keep your powder dry, iran. with trump, one can’t tell which lie to believe. best to believe nothing they say or claim at all. what’s that old saying…by deception we do war? yep, that’s them.