The National · 23 Jun 2026
Iran says agreement reached with US to release $12 billion in frozen funds
Iran's top negotiator and Parliament Speaker Mohammad Bagher Ghalibaf said an agreement had been reached with the US during talks in Switzerland to release $12 billion in frozen assets, although Washington has yet to confirm that. Two sums of $6 billion were to be released, Mr Ghalibaf said. He adde
AI Translated Summary:
Iran claims to have reached an agreement with the US to release $12 billion in frozen assets, pending confirmation from Washington. This development could have significant implications for regional geopolitics, particularly concerning Iran's economic situation.
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