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The Economic Times
The Economic Times

UAE denies reports of $3 billion transfer to Iran, calls claims "false and unfounded"

Iran UAE Ministry of Foreign Affairs the Ministry of Foreign Affairs the United Arab Emirates United Arab Emirates

Abu Dhabi: The United Arab Emirates (UAE) Ministry of Foreign Affairs has categorically denied media reports claiming that USD 3 billion was transferred to Iran.

The ministry said the allegations are "entirely false and unfounded" and clarified that no frozen Iranian funds have been released, transferred, or routed through the UAE.

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