US and Iran Wrangle over Frozen Funds as They Edge Toward Interim Deal, Iranian Sources Say
- On Thursday, June 11, efforts to reach an interim deal between Iran and the United States intensified as both nations discussed mechanisms to release frozen Iranian oil revenues amid ongoing hostilities.
- Tehran seeks between $6 billion and $12 billion in frozen assets to restore economic breathing space, while Washington insists on releasing funds in stages for humanitarian goods, rejecting outright returns.
- Military confrontations between the two sides have reached an impasse, with President Masoud Pezeshkian stating on Wednesday that Iran seeks an end to the current 'no war, no peace' situation.
- A senior European official noted that current talks focus precisely on technical details regarding the financial amount and available liquidity, as negotiators exchange messages to finalize a memorandum of understanding.
- President Donald Trump has repeatedly threatened to intensify bombing while criticizing financial terms of the 2015 nuclear deal made by President Barack Obama, claiming any new agreement must be 'good and proper'.
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JUST IN: U.S. Plans To Use Frozen Iranian Assets To Aid Gulf Allies After Attacks
The recent announcement by the U.S. Treasury Department marks a substantial shift in how economic strategies can influence military conflicts. Under Secretary Scott Bessent, the focus is now on using frozen Iranian assets to address the destruction caused by Iran’s military actions in the Gulf region. This new initiative highlights a growing trend of holding aggressors financially responsible for their actions, a critical tactic in modern intern…
The U.S. government announced that it would use Iranian funds to compensate for the damage Iran inflicted on Gulf states and others during the war. This is interpreted to mean that the U.S. intends to withdraw funds from the accounts it has seized (frozen) for Iranian oil payments to allies such as Qatar. Analysts suggest this is a strategy to further escalate economic pressure on Iran, given that the U.S. is currently demanding the release of t…
US will use frozen Iranian funds to cover damage to Gulf allies: Team Trump
US Treasury Secretary Scott Bessent warned that Iran could be forced to pay for damage caused to Gulf allies, raising the prospect that frozen Iranian assets may become part of Washington's strategy to punish the Iranian regime.
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