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US agrees with Iran: $24 billion frozen assets released

US agrees with Iran to release $24 billion in frozen assets. Details and confirmation from officials inside.

Harper Clark
ByHarper Clark- Senior Editor
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The United States has agreed to release $24 billion in frozen Iranian assets as part of a deal with Tehran.

According to Oxu.Az, the Tasnim agency reported this citing General Mohsen Rezaei, an advisor to Iran's Supreme Leader. He said the US president confirmed the release of a portion of Iran's frozen funds but is not yet ready to make a public statement.

On the evening of June 12, US Vice President JD Vance denied rumors on X about lifting sanctions on Iranian assets. He emphasized that Iran would not receive any cash, and no financial resources would be released simply due to signing an agreement or Iranian participation in negotiations.

Vance explained that the deal is designed primarily to address concerns of Washington and its allies. It also guarantees economic benefits for both Iran and the entire Middle East if Tehran fulfills its obligations.

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US agrees with Iran: $24 billion frozen assets released | Bond.az