Billions in Iranian assets held in UAE could be frozen

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Billions in Iranian assets held in UAE could be frozen
Photo: Altaf Qadri /AP/TT

If the oil-rich Gulf state takes the threat seriously, it would constitute a serious setback to Iran's access to foreign currency and global trade relations, the newspaper writes.

According to the sources, it is unclear whether the United Arab Emirates will take the threat seriously, and if so, when. No one from the country's foreign ministry would comment on the newspaper's report.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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