The United Arab Emirates has agreed to release up to $20 billion to Iran on the condition that Tehran stops its attacks, according to a Reuters report citing four sources. The payments follow a series of Iranian strikes on the UAE in response to joint U.S.-Israeli assaults. Two regional sources said the UAE initially agreed to release $10 billion, with more than $3 billion already transferred.

Two additional sources familiar with the matter said the total amount could reach $20 billion, contingent on Iran ceasing further attacks. It remains unclear whether the funds are from the UAE’s own reserves or Iranian assets previously frozen in Emirati banks. A UAE official stated that the country is working to reduce tensions and restore calm.

Sources indicated that the arrangement allows both the United States and Iran to avoid crossing their respective “red lines,” while giving Iran grounds to claim compensation and Washington the ability to deny direct payment. The deal also includes provisions for renewed intelligence sharing and economic cooperation between Iran and the UAE.