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From the Liveblog of
Friday, June 12, 2026
From the Liveblog of
Friday, June 12, 2026
Iran media says draft US deal sees release of $24b frozen assets
Add ToI as a Preferred Source on GoogleIran’s Mehr news agency publishes a draft deal with the United States which would, if adopted, secure the release of $24 billion in frozen assets within a 60-day period.
The agency, citing a source close to Iran’s negotiating team, said an accord would allow for the “release of $24 billion of Iran’s blocked funds during the 60-day final negotiation period.”
It adds that half of that sum would be “made available to Iran before the start of negotiations.”
The US has said that release of any Iranian funds will be contingent on Iran adhering to the deal and making concessions of its own.
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