DUBAI, April 11 — A senior Iranian source said on today the US had agreed to release Iranian frozen assets held in Qatar and other foreign banks, welcoming the move as a sign of...
A screen inside the media centre displays the arrival of US Vice President JD Vance and other delegates from the United States, on the day US and Iran are expected to hold peace talks, in Islamabad, Pakistan, April 11, 2026.
— Reuters picand enjoy FREE RM10 & when you sign up using code VERSAMM10 with min. cash of RM100 today! T&Cs apply.DUBAI, April 11 — A senior Iranian source said on today the US had agreed to release Iranian frozen assets held in Qatar and other foreign banks, welcoming the move as a sign of “seriousness” in reaching a deal with Washington in talks in Islamabad. The source, who declined to be named due to the sensitivity of the matter, told Reuters that unfreezing the assets was “directly linked to ensuring safe passage through the Strait of Hormuz”, which is expected to be a key issue in the talks. The senior source did not give a value for the assets that Washington had agreed to unfreeze. A second Iranian source said the US had agreed to release US$6 billion of frozen Iranian funds held by Qatar. There was no immediate statement from the US about any unfreezing of assets. Qatar’s Foreign Ministry did not immediately respond to a request for comment.The US$6 billion, originally frozen in 2018, had been due for release in 2023 as part of a US-Iranian prisoner swap but the funds were again frozen by the administration of President Joe Biden following the October 7, 2023 attacks on Israel by Iran’s ally, the Palestinian militant group Hamas. US officials said at the time that Iran would not be able to access the money for the foreseeable future, stressing that Washington retained the right to completely freeze the account. The funds stem from Iranian oil sales to South Korea and had been blocked in South Korean banks after President Donald Trump reimposed sanctions on Iran in 2018 — during his first term in the White House — and scrapped a deal between world powers and Tehran over its nuclear programme. Under the September 2023 US-Iran prisoner swap mediated by Doha, the money was transferred to Qatari bank accounts. The prisoner swap involved the release of five US citizens detained in Iran in exchange for the funds’ release and the release of five Iranians held in the US. US officials said at that time that the money was restricted to humanitarian use only, to be disbursed to approved vendors for food, medicine, medical equipment and agricultural goods shipped into Iran under US Treasury oversight. — Reuters Lim Guan Eng: Business loan moratorium, RM5b aid for MSMEs among five emergency measures submitted to Anwar at Pakatan meeting
Qatar Banks Strait Of Hormuz US Iran Talks US$6 Billion Doha Mediation
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Truce with Tehran, war with MAGA: Trump goes off on ‘low IQ’ loyalists over Iran criticismWASHINGTON, April 10 — The coalition that propelled Donald J. Trump back to the White House is facing a historic internal collapse.In a vitriolic social media broadside, the US...
Read more »
Anwar mourns death of ‘exceptional diplomat’ former Iranian foreign minister KharaziKUALA LUMPUR, April 10 — Prime Minister Datuk Seri Anwar Ibrahim today expressed deep sorrow over the passing of former Iranian Foreign Minister Dr Kamal Kharazi, describing him...
Read more »
Dubai caps foreign airlines at one daily flight to its airports until May 31, hitting Indian carriers hardestNEW DELHI, April 10 — Dubai has restricted foreign airlines to just one daily flight to its airports until May 31 due to the Iran crisis, igniting revenue loss fears among Indian...
Read more »
Dubai limits foreign flights until May 31, letters show, hitting Indian airlines hardestBANGKOK: Thailand has officially begun its annual 'seven dangerous days' road safety campaign for Songkran 2026, with authorities tightening accident prevention measures as millions prepare to travel during the long holiday period
Read more »
Iranian delegation arrives in Pakistan’s capital ahead of US talksThe delegation is led by Iranian parliamentary speaker Mohammad Bagher Ghalibaf, along with foreign minister Abbas Araghchi and other officials.
Read more »
Exclusive-Iranian source says US has agreed to release frozen Iranian assets in Qatar, other banksLetter from Dr Goh Lim Thye, senior lecturer, Department of Economics, Faculty of Business and Economics, Universiti Malaya
Read more »