UAE to unlock billions of dollars for Iran, sources say

AI Summary

The UAE is reported to have agreed to release $10 billion intended for Iran, though it officially denies the claims. Officials and sources dispute the transfer, while ongoing diplomatic talks remain unresolved.

Two regional sources say the Gulf Arab state has agreed to release a total of $10 billion; the UAE ocially denies the reports, calling claims of any $3 billion transfer ‘entirely false and unfounded’; Vance says funds won’t be released for signing a deal