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Treasury affirms oversight of Iran assets

Treasury affirms oversight of Iran assets

The U.S. Treasury Department announced that its regulatory agencies will directly oversee the released Iranian assets under a temporary agreement. A significant portion of these funds will be allocated to purchasing food and medicines to ensure their use for basic necessities. This move faces opposition from Tehran, which affirms that the purchases will depend on international market conditions without external interference, reflecting disagreements over legal control of the funds. The first installment of the funds will be disbursed from accounts in Qatar under the supervision of officials from the Treasury there.

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