Home GCCBusinessUS agrees to release frozen Iranian assets held in Qatar, other banks

US agrees to release frozen Iranian assets held in Qatar, other banks

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The funds from Iranian oil sales to South Korea were blocked in South Korean banks after US president Donald Trump reimposed sanctions on Iran in 2018. (AFP pic)
DUBAI:

A senior Iranian source said today the US had agreed to release Iranian frozen assets held in Qatar and other foreign banks, welcoming the move as a sign of “seriousness” in reaching a deal with Washington in talks in Islamabad.

The source, who declined to be named due to the sensitivity of the matter, told Reuters that unfreezing the assets was “directly linked to…

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