Yuan for oil payments? UAE seeks US safety net amid Iran war - report
The UAE has requested a US financial safety net amid concerns that an Iran war could severely damage its economy and investor confidence.
Talks included a currency-swap line proposal, as the UAE fears needing to use other currencies for transactions if dollar shortages arise.
UAE seeks US financial lifeline
- WSJ: UAE discusses economic lifeline with US officials Middle East Eye —
- UAE in Talks With US for Possible Financial Lifeline, WSJ Says Bloomberg —
- U.A.E. Asks U.S. for a Wartime Financial Lifeline Wall Street Journal —
- UAE in talks with U.S. for possible financial lifeline, WSJ says Fortune —
- UAE seeks U.S. financial safeguards as Iran war strains economy: WSJ Seeking Alpha —