US denies reports of releasing frozen Iranian assets in Qatar, other banks

A US official on Saturday denied reports that Washington has agreed to unfreeze Iranian assets.

Reuters reported earlier in the day that the US had agreed to release Iranian frozen assets held in Qatar and other foreign banks, citing a senior Iranian source.

A senior Iranian source said on Saturday the US had agreed to release Iranian frozen assets that were held in Qatar and other foreign banks, welcoming the move as a sign of “seriousness” in reaching a deal with Washington in talks in Islamabad.

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The Iranian source, who declined to be named due to the sensitivity of the matter, told Reuters that unfreezing the assets was “directly linked to ensuring safe passage through Strait of Hormuz,” which is expected to be a key issue in the talks.

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