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Security09:40 · 49m ago

Iran President Announces $6 Billion Release from Frozen Assets Without Nuclear Concessions

Kikar HaShabbatReligious
Translated & summarized from Kikar HaShabbat by baba
The story · English

Iranian President Masoud Pezeshkian revealed that Iran is set to receive a substantial sum of six billion dollars from frozen Iranian assets held abroad, specifically in Qatar. This release comes following U.S. approval under a memorandum of understanding, without Iran making any concessions on its nuclear program. The exact method of transferring the funds to Iran remains unclear.

President Donald Trump has repeatedly stated that the funds will be used solely for humanitarian purposes, such as purchasing grain, food, and equipment for the Iranian people, and that the money will be routed through the U.S. rather than directly to Iran. However, this claim is expected to be tested in the coming days.

This development occurs amid ongoing tensions, with Iran continuing to fire on ships in the Strait of Hormuz while simultaneously receiving financial support from the U.S. Additionally, Trump has previously criticized former President Barack Obama for transferring one billion dollars to Iran as part of the 2015 nuclear deal. Now, without any nuclear concessions, Iran is poised to gain six billion dollars plus the right to freely sell oil and petrochemical products.

Read the original at Kikar HaShabbat
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