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World · 1 July 2026

US and Iran near $3bn frozen-funds release

US and Iran near $3bn frozen-funds release

It would be the first slice of billions in Iranian assets frozen under sanctions, but Washington disputes that any deal was struck. Al Arabiya reported that, during talks in Doha on Wednesday, the two sides agreed to release $3bn held in Qatar for humanitarian purchases. US officials denied any such understanding and said no funds were released, in a fragile bid to end the war.

Reported by Axios · How we write briefs

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