offered up five Iranian prisoners and returned $6 billion in frozen funds for use in Iran. "The president is making five families whole again," a White House official said Sunday night. The frozen funds arrived to Qatar on Sunday night, which triggered Iran's release. Qat...
WHAT WAS THE $6 BILLION? The $6 billion was Iranian money that had been frozen in South Korean banks. After Washington, under former President Donald Trump, placed a total ban on Iran’s oil exports and sanctions on its banking sector in 2019, these Iranian oil...
Distrust between Washington and Tehran, even amid the swap, is high. The Biden administration agreed to help Iran gain access to$6 billion in Iranian oil assetsthat had been held in a restricted account in South Korea as incentive for Tehran to conduct the swap. Sources familiar with the com...
Iran has used prisoners with Western ties as bargaining chips in negotiations with the world. In September 2023,five Americans detained for years in Iran were freed in exchangefor five Iranians in U.S. custody and for $6 billion in frozen Iranian assets to be released by...
how dumb do they think we are?Manhattan Federal Magistrate Judge Frank Maas orders payments to 110 survivors and estates of 47 victims, including the pilot of United Airlines Flight 175, which hit south tower of World Trade Center.US judge blames Iran forSource...
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.
Iran rejects US media reports over unblocked assets in Qatar IFP Media Wire - October 13, 2023 Nour News, which is affiliated to Iran's Supreme National Security Council, has rejected a US media report that Tehran had been barred from accessing its $6 billion funds recently unfrozen and tr...
released early Monday morning, fulfilling a deal struck between Washington and Tehran last month, where the U.S. promised to grant clemency to five Iranians and to facilitate Iran's access to roughly $6 billion in frozen oil revenue on the condition the money be put toward humanitarian ...
On Thursday,CNNreported that the Biden administrationis weighing unfreezing $1 billionin Iranian funds that the country could use for humanitarian relief. It is not clear whether the release of the funds would occur unilaterally, but one line of thought is that it could serve as a useful good...
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