Iran says agreement reached with US to release $12 billion in frozen funds (opens original article in a new tab)

Iran says an agreement was reached with the US to release $12 billion in frozen assets, with initial arrangements made in Qatar and final signing in Switzerland, though the US has not confirmed the deal.

• Iran claims to have reached an agreement with the US to release $12 billion in frozen assets during talks in Switzerland.
• The agreement involves two $6 billion releases, with initial arrangements made in Qatar and final signing at a resort in Switzerland.
• US Vice President JD Vance mentioned that Qatar and the US would control Iranian funds upon unfreezing, potentially directing them towards American agricultural purchases.