World
UAE Unfreezes Billions in Frozen Iranian Funds amid US Push for Ceasefire
The UAE has agreed to release billions of dollars to Iran, marking a tactical shift after weeks of Iranian attacks, sources told Reuters. The move coincides with broader US-Iran ceasefire talks, with diplomats discussing the unfreezing of tens of billions in oil revenues frozen under US sanctions. The first $3 billion tranche has already been transferred, and the deal is seen as a notable shift from the open hostility during the war.
