Iran will decide how to use unfrozen assets: ambassador

🇺🇸 Al-Monitor Middle East (US) —
Iran will decide how to use unfrozen assets: ambassador

AI Summary

An Iranian ambassador stated Tehran will independently decide how to use $12 billion in frozen assets released under a US-Iran deal aimed at ending the Middle East war. The agreement also involves temporarily suspending oil sanctions on Iran.

Tehran alone will decide how to use its frozen assets once they are unfrozen under a US-Iranian deal towards ending the Middle East war, an Iranian ambassador said Tuesday, contradicting US claims. As part of the deal under negotiation, Washington has agreed to release $12 billion in frozen funds to Iran, Iranian state media reported on Tuesday, and temporarily suspend sanctions on oil from the Islamic republic.

Conflict Politics Markets Deals Energy Iran frozen assets US-Iran deal Middle East war oil sanctions Tehran ambassador statement

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