Iran’s ambassador stated Tuesday that Tehran will have sole discretion over how to utilize approximately $12 billion in frozen assets set to be released under a US-Iranian agreement aimed at de-escalating conflict in the Middle East. This declaration directly challenges recent statements from US officials suggesting potential restrictions on the funds’ use. The deal, currently under negotiation, involves the unfreezing of the assets and a temporary suspension of sanctions on Iranian oil exports. Iranian state media confirmed the details of the financial agreement. The ambassador’s comments underscore Iran’s insistence on full control over its own financial resources. The agreement is intended as a step towards broader efforts to stabilize the region amid ongoing tensions. Further details regarding the specifics of the asset release and sanctions suspension are expected as negotiations progress.
