Reuters: US Weighs Releasing $25 Billion in Frozen Iranian Assets, Including Cash Transfers
Summary
- Reuters reported that the US is considering releasing $25 billion in frozen Iranian assets.
- The funds would be provided through cash transfers, cooperation from regional countries and financial credit lines.
- Markets see broader sanctions relief and an increase in Iranian oil exports if the agreement is confirmed.
Forecast Trend Report by Period
The US is considering a plan to release $25 billion in frozen Iranian assets as an agreement with Iran nears, Reuters reported.
Reuters reported on June 14 that a senior Iranian official said a draft memorandum of understanding with the US includes a provision to unfreeze $25 billion in Iranian assets.
The funds would be provided through direct cash transfers, cooperation from countries in the region and financial credit lines.
President Donald Trump wrote on Truth Social on June 13 that a signing ceremony was scheduled for June 14. Media outlets in the Middle East also reported that a virtual signing ceremony would be held that day.
If confirmed, the agreement could pave the way for broad sanctions relief and higher Iranian oil exports, market participants say.
Still, neither the US nor Iran has officially announced a final agreement, and negotiations over detailed terms and implementation procedures are continuing, Reuters reported.
