US denies Iranian claim of agreeing to unfreeze assets amid talks
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The US has denied an Iranian claim that it agreed to unfreeze $6 billion in Iranian assets held in foreign banks. The denial comes amid negotiations between American and Iranian delegations in Islamabad to broker a ceasefire.
The US has denied a report that it agreed to release Iran's frozen assets. The funds, worth $6 billion, were frozen in 2018 after the US reimposed sanctions on Iran. They were moved to Qatar in 2023 as part of a prisoner swap deal. The US said the money can only be used for humanitarian purposes. The denial comes amid negotiations in Islamabad to broker a ceasefire. The proposed unfreezing of assets was reportedly linked to ensuring safe passage through the Strait of Hormuz.
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