TEHRAN, Dec. 4 (Xinhua) -- Iran's Foreign Ministry Spokesman Nasser Kanaani said on Monday that the country has access to its recently released 6 billion U.S. dollars deposited in Qatari banks and can use the money to meet its needs. He made the remarks at a weekly press conference in...
President Joe Biden’s decision to reward Iran with $6 billion in unfrozen assets is coming under withering criticism after Tehran-backed Hamas militants unleashed an unprovoked deadly attack on Israel that generated condemnation worldwide.
The Biden administration has cleared the way for the release of five American citizens detained in Iran by issuing a blanket waiver for international banks to transfer $6 billion in frozen Iranian money in South Korea without fear of U.S. sanctions.
Qatar confirms $6 bln in unblocked Iranian assets transferred to Doha IFP Media Wire - September 18, 2023 Qatar has confirmed that unfrozen Iranian funds worth $6 billion have been transferred to bank accounts in Doha, a source briefed on details of the matter told Reuters on Monday. 123....
The $6 billion is coming from a restricted account in South Korea, where it was effectively frozen when the U.S. reinstated sanctions against Tehran after former President Donald Trump left the Joint Comprehensive Plan of Action (JCPOA) on Iran's nuclear program and will be transferred...
Five U.S. citizens detained by Tehran were allowed to leave the country in exchange for the transfer of $6 billion in Iranian funds that had been frozen in South Korea. At the same time, five Iranians held in the United States were allowed to leave. WHAT WAS...
Iran’s Islamic Revolutionary Guard Guards Corps (IRGC) seized a South Korean-flagged chemical tanker, the MT Hankuk Chemi, in the Strait of Hormuz, detained its crew, and demanded the release of 7 billion dollars of Iranian funds in South Korean banks frozen because of U.S. sanctions. In...
It added the negotiations would continue until the release of the frozen assets. In July 2021, Bahrain's High Criminal Court issued a verdict to confiscate nearly 1.3 billion U.S. dollars worth of Iranian funds in the country based on money laundering charges, which were rejected by Iranian ...
Biden eased the sanctions, which gave Iran access to billions of dollars in assets that previously had been frozen, in an attempt to get the country to follow the terms of a nuclear deal struck under former President Barrack Obama. Republican U.S. Rep. Rep. Greg Steube of Florida also bla...
Before the U.S. withdrawal from the Joint Comprehensive Plan of Action (JCPOA) in May 2018, the nuclear deal rescued Iran’s economy from the brink of collapse, providing it with a massive cash infusion, granting it access to more than $100 billion in previously frozen assets, and opening...