Conflicting reports emerge over whether the U.S. will unfreeze Iranian assets during Islamabad talks
The Facts
- U.S. and Iranian delegations were in Islamabad for talks as these reports emerged.
- A senior Iranian source told Reuters that the United States had agreed to release Iranian frozen assets held in Qatar and other foreign banks.
- The Iranian source said the reported unfreezing of assets was linked to ensuring safe passage through the Strait of Hormuz.
- The senior Iranian source cited by Reuters did not specify the value of the assets that the United States had allegedly agreed to unfreeze.
- A second Iranian source said the amount under discussion was $6 billion held by Qatar.
- Reports later said the White House or a U.S. official denied that Washington had agreed to unfreeze Iranian assets.
Context
What is the core dispute in these reports?
The dispute is whether Washington actually agreed to release Iranian assets frozen in Qatar and other foreign banks. A senior Iranian source told Reuters that it had, but later reports said a U.S. official and the White House denied any such agreement Reuters,India Today,Times of India,India TV News.
Why is the Strait of Hormuz part of this story?
The senior Iranian source told Reuters that any unfreezing of assets was "directly linked" to ensuring safe passage through the Strait of Hormuz, indicating that maritime security in that waterway is a central issue in the Islamabad talks Reuters,Straits Times.
How much money is reportedly involved?
The senior Iranian source cited by Reuters did not give a figure, but a second Iranian source said the amount was $6 billion in frozen Iranian funds held by Qatar Straits Times,Straits Times.
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