The money will be for "vulnerable" households who have faced a sharp rise in energy bills since the outbreak of the US-Israeli war with Iran.
Musk's AI chatbot has created millions of fake sexualised images, experts say.
The lawsuit had accused the bank of facilitating Epstein's sex trafficking.
The conflict in the Middle East could raise the cost of petrol, household energy bills and even food.
It comes as ministers grapple with spiralling unemployment rates among young people.
The port of Fujairah plays a crucial role in helping keep global supplies moving when the Strait of Hormuz is blocked.
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