Who controls Iran's frozen assets
The disputes between Tehran and Washington revolve around Iran's frozen funds, estimated to be between $100 billion and $120 billion, which are held in several countries such as China, Iraq, South Korea, and India. Iran considers these funds to be its rightful property and an inherent right, while Washington affirms that it has the right to impose conditions on their release. It links any financial disbursement to political and security commitments from Tehran. Legal disputes, sanctions, and banking obstacles are hindering their release, and there is talk of a gradual mechanism to implement agreements over a period of 60 days.
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