ABU DHABI: The UAE has categorically denied reports published by certain international media outlets alleging the transfer of funds from the UAE to the Iran, including allegations concerning $3 billion. In a statement, the Ministry of Foreign Affairs affirmed that these allegations are entirely false and unfounded, stressing that no frozen Iranian funds have been released, transferred, or facilitated through the UAE.

A claim that the UAE agreed to release $10 billion for Iran circulates online, but no verified Reuters report confirms it amid rising Gulf tensions.

Reuters reports UAE agreed to unlock billions for Iran, but Abu Dhabi swiftly issued a categorical denial.

Four sources told Reuters that the UAE agreed to release $10-$20 billion in frozen Iranian assets, though the UAE denied this.