Iran demands upfront access to $12 billion in frozen funds as a condition for advancing nuclear and ceasefire negotiations.
Iran’s demand for immediate access to $12 billion in frozen assets has become the final hurdle in securing a Memorandum of Understanding with the US. The funds, including $6 billion tied to a 2023 prisoner swap, remain restricted amid regional tensions.
Negotiations have shifted from nuclear cooperation to financial terms, signaling progress on broader deal structures, such as a 60-day ceasefire extension and uranium stockpile management. However, the US insists on linking fund releases to a finalized nuclear agreement, while Iran refuses to proceed without upfront financial guarantees.
Qatari mediation continues as both sides seek resolution, with the Strait of Hormuz’s reopening hanging in the balance.