Report: UAE considering freeze on Iranian assets

Report: UAE considering freeze on Iranian assets The United Arab Emirates is considering freezing billions of dollars in Iranian assets held in the country, The Wall Street Journal reported. The move could target what the report described as Iran’s shadow financing networks and potentially limit Tehran’s access to foreign currency. The report comes amid escalating regional tensions after Iran launched strikes across several sites in the region, including the UAE, following the joint US-Israel war against Iran.