Set to freeze billions in Iranian assets? UAE weighs response to Iran attacks

2026-03-06 - 04:03

The UAE is reportedly considering freezing key Iranian assets and implementing a financial crackdown to limit Tehran's access to foreign currency and global trade. Measures could include targeting shadow companies and currency exchanges, with accounts linked to the Islamic Revolutionary Guard Corps being a likely focus. This comes amid escalating tensions following an airstrike that killed Iran's Supreme Leader.