In a major geopolitical realignment, the United Arab Emirates has authorized the transfer of billions of dollars to Iran, Reuters reported on Friday.
The policy pivot follows a prolonged campaign of Iranian drone and missile strikes targeting the Gulf nation amidst the broader American-Israeli war with Tehran.
This financial arrangement, unfolding behind closed doors, aligns with the endgame of parallel diplomatic discussions between Washington and Tehran. Observers noted that the wider US negotiations could ultimately unfreeze tens of billions of dollars in blocked Iranian oil revenues currently held overseas due to economic sanctions.
According to two regional insiders quoted by Reuters, Abu Dhabi has agreed to transfer an aggregate sum of $10 billion, with an initial installment exceeding $3 billion already completed. Conversely, two separate individuals tracking the development claim the true figure hovers around $20 billion, affirming that a $3 billion tranche has been cleared. The exact origin of the funds remains unverified, leaving it unclear whether the money represents direct Emirati capital or pre-existing Iranian deposits frozen within the UAE's banking architecture.
In exchange for the massive cash infusion, according to the report, Tehran has pledged to completely halt all aerial aggression against the UAE, paving the way for a restoration of bilateral relations that will include joint intelligence coordination and economic projects.
The diplomatic channels further reveal that Iran has initiated similar outreach to at least two other neighboring Gulf Arab states.

