UAE Official Says '50-50' Chance Of US-Iran Deal, Warns Tehran Against 'Overestimating Their Cards'

Key points

• UAE Official Says '50-50' Chance Of US-Iran Deal, Warns Tehran Against 'Overestimating Their Cards' Published By, Last Updated: May 22, 2026, 20:04 IST UAE advisor Anwar Gargash says US-Iran deal chances are 50 50, warns conflict and instability in the Hormuz threaten global energy trade and urges a long term political solution Iran has launched "Hormuz Safe," a Bitcoin-backed insurance service for shipping companies that want to transit the Strait of Hormuz.
• (AFP photo) United Arab Emirates’ presidential advisor Anwar Gargash on Friday said the chances of a US-Iran agreement remained “50-50", warning that renewed conflict would further destabilise the region and disrupt global trade.
• Speaking at the Globsec conference in Prague, Gargash said Iran may have “over-negotiated" with the United States and risked missing a diplomatic opportunity.
• He stressed that any settlement must guarantee free movement through the Strait of Hormuz, a key route for global oil and gas...