Reports surfaced that Iran was set to receive $12 billion in unfrozen funds before the start of 60-day talks between Washington and Tehran—but a senior US official is pushing back hard.
“That’s completely false,” the official said. “This is a pay-for-performance agreement. Funds will only be released after Iran actually delivers on its promises.”
Earlier, Iran’s Mehr News Agency reported a 14-point draft memorandum of understanding between the two sides. According to the draft, both parties would enter 60 days of negotiations to reach a final deal. During those two months, $24 billion in frozen Iranian assets would be unlocked—with half of that money required to be given to Iran before talks even began.
