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UAE releases billions in frozen Iranian assets, easing tensions and dropping oil prices.

Market News
13 Aug 2026
Blockonomi
View Source
Bullish
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The UAE reportedly released billions of dollars in frozen Iranian assets, including gold worth $200-283 million, flown from Abu Dhabi to Iran on August 11-12. This move has eased tensions, causing oil prices to drop toward $82 per barrel and Bitcoin prices to rise near $63,900. Neither the UAE nor the US has confirmed the transfer, but sources suggest Iran may spare the UAE from future attacks in exchange for the funds. The situation remains fluid as talks continue and market reactions unfold.

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