diplomacyTuesday, May 26, 20263 sources

Iran Demands Release of $24 Billion in Frozen Funds as Talks with U.S. Intensify

Iran has demanded the release of $24 billion in frozen funds overseas as part of a potential deal with the U.S. The U.S. is eager to reach an agreement to end the war, despite ongoing tensions. The demand comes amid fragile negotiations and recent military actions.

Iran has explicitly requested the unfreezing of $24 billion in assets held overseas, citing the 14-point memorandum of understanding as the basis for the request. The funds are frozen due to sanctions imposed by the U.S. and its allies. The demand is part of broader diplomatic efforts to conclude a deal that could end the war and ease regional tensions. The U.S. has expressed anxiety over the fragile state of negotiations, with officials acknowledging the need for a resolution to end the conflict. However, the U.S. has not yet confirmed the specifics of the deal or the timeline for releasing the funds. Tehran has accused the U.S. of violating the ceasefire, which has led to increased military activity and diplomatic friction. Sources agree that the $24 billion figure is central to the negotiations, but there are discrepancies in the details of the proposed deal. Tehran emphasizes the 14-point memorandum as the framework, while Washington has not provided a clear outline of its terms.

Timelines

Sources

PublicFrance 24May 26, 04:59 PM
US anxious to come to deal with Iran asTehran seeks release of frozen assets

The US struck targets in Iran, the first since the start of the ceasefire and amid fragile talks between Tehran and Washington. The strikes come as the US is becoming anxious to come to a deal and end the war, as a growing number of Americans oppose the war ahead of the midterm elections. Iran has accused the US of violating the ceasefire and asked for the unfreezing of Iranian funds as part of the deal. FRANCE 24's Philip Turle tells us about where the talks stand now.

IndependentThe HinduMay 26, 04:58 PM
Iran media says negotiators seek $24 billion asset release in U.S. deal

Iran's frozen assets are to be released which are estimated at $24 billion in accordance with the 14-point memorandum of understanding

IndependentMiddle East EyeMay 26, 02:04 PM
Iran seeks to release $24bn funds frozen overseas in potential deal with the US - Middle East Eye

Iran seeks to release $24bn funds frozen overseas in potential deal with the US  Middle East Eye