Daily brief
The United Arab Emirates has denied reports that it transferred $3 billion to Iran, calling the claims false and unfounded. Sources had earlier said the UAE was set to unlock billions of dollars for Iran. The denial comes amid ongoing coverage of oil price movements tied to Iran peace deal hopes.
Fuel tax changes have hit six US states as energy inflation accelerates, according to a report on crude oil prices.
Turkey has revealed details of a new Saudi-Turkish railway project.