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Qatar denies reports it offered Iran $12B to secure agreement

Foreign Ministry Spokesperson of Qatar Majed al-Ansari makes statements regarding recent developments in the region during a press conference Doha, Qatar on May 19, 2026. (AA Photo)
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Foreign Ministry Spokesperson of Qatar Majed al-Ansari makes statements regarding recent developments in the region during a press conference Doha, Qatar on May 19, 2026. (AA Photo)
May 26, 2026 10:01 AM GMT+03:00

Qatar denied reports claiming it offered Iran $12 billion to help finalize an agreement to end the stalled U.S.-Israeli war, saying the allegations were intended to undermine diplomatic efforts.

“Reports claiming that the State of Qatar ‘offered’ $12 billion to Iran to ensure the conclusion of an agreement are utterly baseless and are being circulated by parties seeking to derail the agreement and undermine diplomatic efforts aimed at de-escalating tensions and promoting stability in the region,” Qatari Foreign Ministry spokesperson Majed Al Ansari said in an X post on Monday.

“Qatar’s diplomatic role, in coordination with regional partners, is well established and publicly documented, and such narratives are nothing more than desperate attempts to tarnish Qatar’s reputation as a trusted international peace facilitator,” he added.

The statement came as several senior Iranian officials visited Qatar amid intensified diplomatic efforts to finalize the agreement.

Iranian officials visit Qatar amid negotiations

Iranian Central Bank Governor Abdolnaser Hemmati traveled to Qatar on Monday, according to Iranian media.

The visit followed a trip by a Qatari delegation to Tehran last week to discuss Iran’s frozen assets, Iranian state broadcaster IRIB reported, citing unnamed sources.

Iran has been seeking the release of its frozen assets held abroad, including funds located in Qatar, as part of Pakistan-mediated negotiations with the United States.

Reports have estimated the value of Iranian funds frozen in Qatar at approximately $12 billion.

Regional tensions escalated on Feb. 28 when the United States and Israel launched attacks on Iran, prompting Tehran to respond with waves of drones and missiles targeting sites across the region while closing the Strait of Hormuz.

A ceasefire took effect on April 8 through Pakistani mediation, but subsequent talks in Islamabad failed to produce a lasting agreement.

U.S. President Donald Trump later extended the truce indefinitely while maintaining restrictions on vessels traveling to and from Iranian ports through the strategic waterway.

Last week, Trump said the agreement had been “largely negotiated” and was awaiting finalization.

May 26, 2026 10:01 AM GMT+03:00
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