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(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. 2023-08-14 00:00:00Full Article
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. 2023-08-14 00:00:00Full Article
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