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Tehran's benefits from oil account release

Tehran's benefits from oil account release

The article discusses the issue of the freezing of Iranian foreign assets, which are estimated to total nearly $100 billion. China holds the largest share of these frozen funds, followed by India, Iraq, and the United States. Iran connects the release of these funds by the US to its agreement to certain conditions, while Tehran insists on the gradual reopening of all accounts, despite Washington's restrictions on their full release. The roots of the problem date back to 1979, when Iranian assets were first frozen following the hostage crisis at the US embassy.

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