Iran Says It Will Receive $24 Billion in Frozen Assets
Iranian media say half of the funds would be released before talks, while a senior U.S. official denies any unconditional payment.
- On Sunday, President Donald Trump and Pakistan Prime Minister Shehbaz Sharif announced a completed deal to end the war between the United States and Iran, with the pact calling for immediate termination of military operations across all fronts.
- Trump authorized reopening the Strait of Hormuz 'toll free' and ending the US naval blockade of Iranian ports, addressing months of shipping lane closures that had strained global energy supplies.
- Mehr reported a memorandum stipulating $12 billion in frozen assets released before negotiations begin, but a senior US official rejected this account as 'spin,' calling it a 'pay-for-performance' deal requiring Iranian compliance.
- The United Kingdom, France, Germany, and Italy expressed readiness to lift sanctions on Iran, contingent upon verifiable steps regarding its nuclear program and coordinated work with the US and regional partners.
- Negotiations will span 60 days to address nuclear issues, with Iranian Deputy Foreign Minister Kazem Gharibabadi noting the memorandum will be signed in Switzerland this Friday, requiring verification of both nations' commitments.
45 Articles
45 Articles
US to Release $12B in Frozen Iranian Assets Under Reported Draft Deal, State Media Says
Iranian state media reports the United States would release $12 billion of frozen Iranian assets under a proposed memorandum of understanding, according to the Middle East Eye. The document reportedly outlines unfreezing $24 billion during a 60-day negotiation period beginning after the deal takes effect, with half, or $12 billion, available before talks start. The text has not been confirmed by Washington or Tehran, and officials say sanctions …
Iran-US peace deal: Where are the $100 billion Iranian frozen assets? The Big Question
The proposed Iran-US peace accord could unlock billions in frozen Iranian assets. While there are contradictory reports on whether and when $24 billion will be released, the actual Iranian frozen assets could run into $100 billion or more. Where is the money?
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