Iranians stand next to a symbol of a Kheibar missile as they take part during a rally in support of the country's supreme leader Mojtaba Khamenei and commemorate Eid al-Ghadir in Tehran on June 4, 2026. (AFP)
US to release $12 bn in frozen assets: Iranian media
The United States will release $12 billion in frozen assets to Iran before the start of negotiations, Mehr news agency reported on Monday, quoting a 14-point memorandum of understanding between the two nations.
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The document published by Mehr stipulated “the release of 24 billion dollars in frozen Iranian assets during the 60 day negotiation period” that begins after the memorandum of understanding is concluded.
“Half of this amount must be made available to Iran before the start of the negotiations,” the text, which has not been officially confirmed, specifies.
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