UAE to unlock frozen Iranian funds amid US ceasefire push

The United Arab Emirates has agreed to unlock billions of dollars for Iran as part of a tactical shift following Iranian attacks on the UAE. Diplomats say the move involves the release of Iranian oil revenues frozen in foreign banks under US sanctions. The UAE has agreed to release a total of funds, with some already delivered, in return for a halt to Iranian attacks on the UAE. The UAE's foreign policy aims to promote de-escalation and reduce tensions in the region.