Steps are being taken to temporarily re-freeze Iranian assets after the Hamas attack on Israel. The U-S and Qatar have reached an agreement that blocks Iran’s government from accessing 6-billion dollars in Iranian funds that were unblocked as part of a prisoner swap last month. It stops short of fully refreezing the Iranian money. Republicans […]
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$6 billion in Iranian funds temporarily frozen after Hamas attack
Steps are being taken to temporarily re-freeze Iranian assets after the Hamas attack on Israel. The U-S and Qatar have reached an agreement that blocks Iran’s government from accessing 6-billion dollars in Iranian funds that were unblocked as part of a prisoner swap last month. It stops short of fully refreezing the Iranian money. Republicans have criticized the Biden administration’s deal with Iran, which is a major sponsor of Hamas. However, U-S officials have strenuously pushed back, noting that the money had yet to be spent by Iran and can only be used for humanitarian needs.