US agrees to release $6bn in Iran funds as part of deal to free detained Americans
Sanctions waiver will allow transfer of $6bn in frozen Iranian assets from South Korea to Qatar, in effort to win release of quintet
The Biden administration has issued a waiver to allow the transfer of $6bn in frozen Iranian funds from South Korea to Qatar as part of a deal to free five Americans detained in Iran.
The deal also involves the freeing of five Iranian citizens imprisoned in the US, mostly for sanctions-busting offenses.
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