The United Arab Emirates denied reports that it had agreed to unlock billions of dollars for Iran, according to a Saturday morning post on X by the country's Foreign Affairs Ministry.
Word of the move, reported by four sources to Reuters, coincided with a visit by Iran's President to the UAE. The ministry stated that the reports were inaccurate and that no such agreement had been reached.
Reuters had reported that the UAE had agreed to unlock billions of dollars for Iran, but the UAE Foreign Ministry refuted this claim, emphasizing that the information was false.