Report says UAE released billions of dollars to Iran but foreign ministry denies transfer

Published Jun 12, 2026 • 10:30 PM

The United Arab Emirates released billions of dollars in frozen Iranian assets as an olive branch to ward off further attacks, according to a report. Four sources told Reuters that the UAE agreed to release $10 to $20 billion in frozen Iranian assets, $3 billion of which has been released, in exchange for Iran halting […]

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- Report says UAE released billions of dollars to Iran but foreign ministry denies transferYou are here

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