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Iran Says It Will Receive $24 Billion in Frozen Assets

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.

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41 Articles

Middle East Eye

Left

US to release $12bn of Iran's frozen assets, state media reports

4 hours ago·London, United Kingdom

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The Times of Israel

Center

US to release $12 billion in frozen Iranian assets under deal, Iranian media reports

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4 hours ago·Jerusalem, Israel

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WION

Center

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?

4 hours ago·Noida, India

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NDTV

Lean Right

Iran's $12 Billion Assets Remain Sticking Point In US, Tehran Peace Deal

Iran's Mehr news agency quoted the 14-point memorandum of understanding to state that the US has agreed to release the frozen assets before the start of negotiations.

4 hours ago·New Delhi, India

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