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Why is oil rich UAE asking US for financial help amid the ongoing Iran war?
short by Medhaa Gupta / on Monday, 20 April, 2026
UAE has opened talks with the US for a possible financial lifeline if the ongoing Iran war puts more strain on the country's economy, The Wall Street Journal reported. The move displays UAE's concerns about the war affecting its image as a global financial hub, depleting its foreign reserves and scaring investors. UAE's infrastructure has suffered major damage amid war.
read more at Hindustan Times