US and Qatar Freeze $6 Billion Fund, Blocking Iran's Access
TL;DR
The United States and Qatar have reached a "quiet understanding" not to release the $6 billion in Iranian funds transferred to Qatari accounts last month, following Hamas' attack on Israel. The funds were part of a deal to secure the release of five Americans wrongfully detained in Iran. While there is no direct evidence linking Iran to the attack, the understanding is largely symbolic as the funds were already subject to strict restrictions and had not been accessed by Iran. The US retains the right to freeze the funds, which were intended for specific humanitarian trade transactions.
- US and Qatar reach ‘quiet understanding’ not to release $6bn sent to Iran for now, Treasury official tells House Democrats CNN
- U.S., Qatar agree to stop Iran from tapping $6 billion fund after Hamas attack The Washington Post
- U.S. and Qatar Deny Iran's Access to $6 Billion From Prisoner Deal The New York Times
- U.S. and Qatar agree to not release Iran's $6B NBC News
- Five things to know about the $6 billion Iran deal now back in spotlight The Hill
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