UAE Denies Transferring Frozen Funds to Iran Amidst Geopolitical Speculation
The United Arab Emirates has denied reports that it transferred funds to Iran. The UAE stated that no frozen funds have been released or transferred from or through the country, refuting claims made by Reuters that $10 billion to $20 billion was being unfrozen as a condition for halting Iranian attacks. Reuters, citing two sources, had previously reported that a first installment of $3 billion had already been made available.
John Q. Hosedrinker