Trump said the US was considering offering financial support to the UAE as it grapples with economic fallout from the war with Iran.
“It’s been a good ally of ours, and you know, these are unusual times,” Trump told CNBC.
The UAE is an unlikely recipient of economic support, The New York Times reports, and the fact that it has inquired about assistance demonstrates the unprecedented effects of the war.
Plumes of smoke and fire rise after debris from an intercepted Iranian drone struck an oil facility in the UAE earlier this month, according to authorities.AP
The oil-rich country has been hit hard by the war, and Iranian strikes on key oil and gas infrastructure have caused significant damage.
Emirati officials met with US Treasury Secretary Scott Bessent in Washington last week on the sidelines of annual meetings of the International Monetary Fund and the World Bank.
In the talks, officials “emphasised that the United States seeks to deter future attacks and ensure that energy markets are not further impacted by Iran,” a spokesperson from the Treasury Department said.