Politics · 27 May 2026
Iran wants $24 billion for US peace deal
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A peace agreement between Iran and the US hinges on Washington releasing substantial frozen assets. Iran has stated it will only sign a deal with the US if $24 billion in frozen funds are released. Tehran's top negotiator, Mohammad Bagher Ghalibaf, wants $12 billion transferred after a memorandum, with the remaining half within 60 days of signing.
Reported by Independent · How we write briefs