UAE denies Reuters report on $3 billion transfer to Iran (opens in new tab)

The United Arab Emirates denied transferring funds to Iran after Reuters reported, citing four unnamed sources, that Abu Dhabi had agreed to unlock billions of dollars for Tehran during final-stage US-Iran negotiations on ending the US-Israeli war with Iran. The UAE Foreign Ministry said allegations involving $3 billion were “entirely false and unfounded” and said no frozen Iranian funds had been released, transferred or facilitated through the UAE. Reuters reported that two regional sources ...