UAE denies transfer of funds to Iran
The UAE has agreed not to release any frozen funds for Iran and has outright denied claims regarding the transfer or transfer of $3 billion to Iran, confirming that all such allegations are untrustworthy. This comes at a time when the UAE's advisor warned of potential military escalation between the United States and Iran, while reports indicate a decline in Chinese imports and the rerouting of Middle Eastern oil to Europe to restore market balance.
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