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April 20, 2026
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UAE asks US for a wartime financial lifeline as Iran conflict drags: Report

Cs news3 hours ago011 mins

The United Arab Emirates has opened talks with the United States about obtaining a financial backstop in case the Iran war plunges the oil-rich Persian Gulf state into a deeper crisis, US officials told the Wall Street Journal on Sunday. UAE Central Bank Governor Khaled Mohamed Balama raised the idea of a currency-swap line with…

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