UAE to Trump Administration: ‘You started this war; if we run short of USDs as a result of it, either you will give us USD swap lines, or we will be forced to start transacting oil and gas in CNY and other currencies.’
Source: https://t.co/1GPuLSkQ0W — Luke Gromen (@LukeGromen) April 19, 2026 WASHINGTON—The United Arab Emirates has opened talks with the U.S. about obtaining a financial backstop in case the Iran war plunges the oil-rich Persian Gulf state into a deeper crisis, U.S. officials said. U.A.E. Central Bank Gov. Khaled Mohamed Balama raised the idea of a currency-swap …