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August 14, 2023       Share:    

Source: https://www.nytimes.com/2023/08/10/us/politics/iran-us-prisoner-swap.html

U.S. Gives Iran Access to $6 Billion in Exchange for Five Detained Iranian Americans

(New York Times) Farnaz Fassihi - The U.S. and Iran have reached an agreement to win the freedom of five imprisoned Americans in exchange for several jailed Iranians and access to $6 billion in Iranian oil revenue. As a first step, Iran has released five Iranian Americans to house arrest. Ali Bagheri Kani, Iran's deputy foreign minister, said the U.S. and Iran had also reached a deal for the release of billions of dollars of Iranian assets. Iranian media presented the deal as a victory for President Ebrahim Raisi. The U.S. will transfer $6 billion of Iran's existing assets in South Korea to the central bank of Qatar. Iran can use the money only to pay for humanitarian purchases such as medicine and food.

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