Iran's $6 billion fund blocked by US and Qatar

1 min read
Source: Al-Monitor
Iran's $6 billion fund blocked by US and Qatar
Photo: Al-Monitor
TL;DR Summary

Iran has rejected US media reports claiming that the US and Qatar agreed to block the release of $6 billion in Qatari banks, which were expected to be unfrozen as part of a US-Iranian prisoner swap. Iran's Central Bank stated that the funds remained available to Iranian banks, and an additional $10 billion held in Iraqi banks due to US sanctions would be transferred back to Tehran. The reported US move to block the funds was in response to Iran's support for Hamas militants, who have carried out attacks on Israel. Iranian officials have denied involvement but expressed support for Hamas, while also engaging in a political push to mobilize the region against Israel. Iranian President Ebrahim Raisi discussed the conflict with Saudi Crown Prince Mohamed bin Salman, emphasizing the need for Islamic unity and an end to war crimes against Palestine.

Share this article

Reading Insights

Total Reads

0

Unique Readers

10

Time Saved

2 min

vs 4 min read

Condensed

78%

641142 words

Want the full story? Read the original article

Read on Al-Monitor