The United Arab Emirates is actively considering freezing billions of dollars in Iranian assets held within its territory, a potential economic countermeasure that could severely disrupt Tehran's access to foreign currency and global trade networks, according to a report published Thursday by The Wall Street Journal.
Citing people familiar with the discussions, the WSJ said Emirati authorities have privately warned Iranian officials that such steps are under serious review, though no final decision has been made on implementation or timing. The move would mark a sharp departure from the UAE's longstanding position of financial neutrality in regional disputes, reflecting mounting anger over recent Iranian missile and drone attacks on Gulf targets.
