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Iran and US Negotiate Terms for Frozen Asset Release
#66556 · 11.06.2026
Business

Iran and US Negotiate Terms for Frozen Asset Release

Tehran and Washington are intensifying efforts toward an interim agreement that would unlock billions in frozen oil revenues, despite ongoing regional skirmishes. Negotiators are currently exchanging details on a memorandum of understanding, seeking a mechanism to provide Iran with financial relief without abandoning long-standing US sanctions policy.

Iranian officials are pushing for the release of $6 billion to $12 billion in funds held in foreign banks, viewing the capital as a critical lifeline for their domestic economy. While a political understanding has reportedly been reached, the two sides remain deadlocked over the logistics of the transfer. Washington insists on a phased release strictly limited to humanitarian goods, rejecting Tehran's preference for direct access to the accounts.

For the clerical establishment, the objective is not a comprehensive geopolitical settlement but a functional framework to secure immediate liquidity. By stabilizing its access to these assets, Tehran aims to gain the necessary breathing space to manage internal economic pressures while navigating the current standoff with the United States.

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