Did the UAE spend $20 billion to get Iran to stop its attacks?

Sources indicate that the United Arab Emirates (UAE) has agreed to disburse up to $20 billion to Iran in exchange for Tehran ending its airstrikes against the country.

Dubai city center - Photo: REUTERS

On June 12, Reuters, citing sources, reported that the UAE had changed its approach to Iran after weeks of attacks in the ongoing conflict between the US, Israel, and Iran. Accordingly, Abu Dhabi is seeking to de-escalate tensions through a large-scale financial agreement with Tehran.

The UAE is said to have agreed to disburse a total of $10 billion, and more than $3 billion of that has already been transferred.

Some sources even claim the total value of the deal could reach $20 billion, in exchange for Iran ceasing attacks on the UAE and restoring bilateral relations.

A source revealed that the first disbursement of $3 billion has been made, and Tehran has also proposed similar agreements with at least two other Gulf Arab states.

You may also like

Belgium: Fire at 10-story apartment building kills 6 people.Police confirmed the fire started on the ground floor of the building, where more than 200 residents live in 80 apartments, and the initial cause is believed to be a technical malfunction.

[Video] Weather forecast for tonight and tomorrow, July 2nd, 2026: Tropical depression likely to strengthen into a storm; many areas will continue to experience thunderstorms.Tonight, the tropical depression over the East Sea is moving west-northwest and has the potential to strengthen into a typhoon tomorrow. On land, many areas continue to experience thunderstorms; people should proactively monitor weather developments and be prepared for extreme weather phenomena.

Hanoi: What is the current progress of the 9 bridge projects across the Red River and Duong River?On the afternoon of July 1st, the Hanoi People's Committee held a meeting to hear reports on the progress of nine bridge projects across the Red River and Duong River. City leaders requested that the relevant units focus on resolving obstacles related to land acquisition and infrastructure, and accelerate construction to complete the projects before the APEC 2027 Conference.

However, the UAE Ministry of Foreign Affairs completely rejected these reports. In a statement issued on June 13, the country asserted that the allegations of releasing or transferring money to Iran were "completely false and unfounded."

Nevertheless, a UAE official previously told Reuters that the country is working to promote peace and de-escalate tensions in the region, and supports US initiatives to limit the impact of conflict on people in the Middle East.

Iran has not yet commented on this information.

Information about the agreement emerged as negotiations between the US and Iran aimed at ending hostilities entered their final stages.

According to diplomats, a key item in the negotiations is the possibility of releasing tens of billions of dollars in Iranian oil revenue currently frozen in foreign banks (including Dubai) due to US sanctions.

Meanwhile, US Vice President JD Vance affirmed that Washington would not spend money on Iran simply in exchange for signing an agreement or participating in negotiations. He stressed that any economic benefits for Tehran would depend on the country fully fulfilling its commitments outlined in the agreement.

The UAE was one of the targets of Iran's most intense attacks during periods of escalating tensions. Throughout the conflict, Iranian raids left hotels in Dubai empty, capital and foreigners fleeing, severely threatening the UAE's economy.

United States - Vietnam: Don't miss

Ambassador Nguyen Quoc Dung visits and works in Minnesota, USA.From June 28-30, the Vietnamese Ambassador to the United States, Nguyen Quoc Dung, paid a visit and worked in Minnesota.

Vietnam encourages US businesses to expand investment in high technology.On the morning of June 26th, at the Government Headquarters, Deputy Prime Minister Ho Quoc Dung received Mr. Jeff Place, Supply Chain Director of Coherent Group (USA). During the meeting, the Deputy Prime Minister affirmed that Vietnam encourages US businesses to expand investment, especially in high-tech, innovation, and semiconductor industries.

Encourage U.S. businesses to expand investment in high-tech sectors.Deputy Prime Minister Ho Quoc Dung said that Vietnam welcomes US businesses to continue expanding their operations in Vietnam, especially in high-tech industries and sectors with high added value.

The most recent direct attack on the UAE occurred on April 4-5 when Iran targeted the port of Fujairah on the Gulf of Oman.

Over the past month, the UAE has not suffered any new attacks as Iran has redirected its missile and drone strikes to Kuwait and Bahrain.

Back to the topic

PUBLIC

Source: https://tuoitre.vn/uae-da-chi-20-ti-usd-de-iran-ngung-tan-cong-20260613161606812.htm