The Frontier

Emily notes the UAE has been secretly conducting attacks inside Iran using US-equipped weapons, including an April strike on an oil refinery on Lavan Island. This reveals deeper Gulf state involvement and a desire to escalate the conflict.

Doomberg claims the UAE's exit from OPEC was a condition for a US dollar swap line bailout, a move that strengthens a US-Israel-UAE bloc against other Gulf states aligning with China and Iran.

St Onge states the United Arab Emirates left OPEC after 58 years, tired of OPEC's production caps that idled a third of its capacity, costing the nation $30-40 billion annually.

Simon Dixon highlights the UAE's complex geopolitical role, acting as Iran's second-largest trade partner and a hub for sanction-circumvention and black market gold routes. Despite media narratives, UAE holds significant US dollar reserves and equities, securing exclusive FX swap lines.

Simon Dixon asserts that the petrodollar system is deconstructing as Gulf countries and central banks increasingly buy US equity instead of bonds. BRICS nations have created energy agreements replacing OPEC, and the UAE leads the Mbridge CBDC network, connecting several nations outside Swift.

Sanctions on countries like Iran and Russia force them to trade oil using gold, creating corridors through UAE and Hong Kong to Shanghai. China's payment system (SIPS), integrated by 110 countries, facilitates this arbitrage.

Dixon describes a sanctioned corridor system: countries buying Russian/Iranian oil with dollars convert to gold in UAE/Hong Kong, which flows to Shanghai, strengthening China's gold-backed position.

Iran’s strategy of horizontal escalation succeeded, as Gulf allies now see hosting US bases as a liability; Saudi and Kuwait watched Iran’s attacks on UAE oil infrastructure with alarm.

Dixon says UAE holds $270 billion in disclosed dollar reserves and $1.5 trillion in US equities, serving as a vital node for Iran's sanction circumvention and black op trafficking.