The United Arab Emirates (UAE) has initiated discussions with American officials regarding a potential financial safety net as the ongoing Iran war poses risks to its economy. UAE Central Bank Governor Khaled Mohamed Balama proposed a currency swap line during meetings in Washington with US Treasury officials, including Treasury Secretary Scott Bessent. This arrangement would allow the UAE to exchange currencies and access foreign reserves during economic distress. The war has already impacted the UAE's economy, damaging energy infrastructure and disrupting oil shipments through the Strait of Hormuz. Since the conflict began on February 28, 2023, the UAE has endured over 2,800 missile and drone attacks, prompting concerns about capital flight and the risk of losing foreign currency reserves. The discussions indicate a growing apprehension within the UAE about the long-term implications of the conflict on its status as a leading international financial hub.