Iran and Qatar Agree to Release $6 Billion of Frozen Iranian Assets in Doha

Iranian President Ebrahim Raisi announced that Iran has reached an agreement with Qatar to release $6 billion out of $12 billion in Iranian assets frozen in Doha. This move could become a key test in implementing the memorandum of understanding between Tehran and Washington. According to a statement from the Iranian presidency, the released funds will be returned to Iran, with ongoing efforts to recover the remaining amount.

Sources speaking to Al Arabiya revealed that the United States is working with Qatar to establish a mechanism allowing Iran to use part of the frozen assets to purchase humanitarian goods. A Reuters source involved in the talks said technical teams from Iran and the U.S. are expected to meet in Doha soon to advance the memorandum's implementation. Mediators have also set up communication channels to reduce the risk of escalation in case of incidents, with technical discussions continuing.

Among the issues under discussion is the Strait of Hormuz, which recently saw mutual attacks between Iran and the U.S., nearly jeopardizing the ceasefire and planned negotiations. These developments come amid repeated statements from U.S. President Donald Trump, who has previously declared that no funds will be transferred directly to Tehran. Trump emphasized that frozen Iranian assets would be used solely for purchasing American products, a claim Iranian authorities have denied, asserting they are free to use their funds as they wish.