Key facts
- The UAE Ministry of Foreign Affairs denied reports of a $3 billion transfer to Iran.
- The ministry stated that no frozen Iranian funds have been released, transferred, or facilitated through the UAE.
- UAE urged media to rely on official sources and ensure accuracy.
- US Vice President JD Vance denied claims of financial incentives for Iran signing a peace deal.
The United Arab Emirates (UAE) Ministry of Foreign Affairs has categorically denied media reports claiming that $3 billion was transferred to Iran, labeling the allegations as "entirely false and unfounded." The ministry clarified that no frozen Iranian funds have been released, transferred, or routed through the UAE, urging media organizations to rely on official sources for accurate reporting.
Earlier reports had suggested that the UAE would release billions of dollars to Iran, with some citing amounts of $10 billion or $20 billion, following Iranian attacks. These reports indicated a reversal of the UAE's prior hawkish stance and lobbying against Iran. However, the UAE has consistently denied such claims.