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Washington-Tehran Deal Blocked Over Frozen Funds

Washington-Tehran Deal Blocked Over Frozen Funds

A report by The Wall Street Journal highlighted that the failure of negotiations between the United States and Iran mainly revolves around the issue of money, as Iran insists on receiving billions of dollars that are frozen immediately. Meanwhile, Washington refuses to pay funds in advance or lift sanctions in a way that would allow free oil exports. Iran is demanding approximately $12 billion immediately and $24 billion during the negotiation period, while the US administration believes that providing such funds could bolster Iran’s support for regional militias and increase its threats. The negotiations, which have been ongoing for weeks through mediators, aim to reach an agreement that would revive the frozen assets amounting to about $100 billion.

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