business

Trump permits Iran to access $6 billion in frozen funds for US purchases
23 Haziran 2026Financial Times
- President Trump has agreed to allow Iran access to $6 billion of its frozen funds, which will be used to purchase US medical supplies and agricultural products. This decision marks a significant shift in the US-Iran relationship, particularly in the context of ongoing tensions.
- The funds, previously held in Qatar, are intended to address humanitarian needs in Iran while also facilitating trade with the US.
- The agreement comes amid heightened tensions between the US and Iran, particularly following the US withdrawal from the Iran nuclear deal in 2018. Access to these funds could potentially ease some of the economic pressure on Iran, which has been struggling under sanctions.
- This move could be seen as a pragmatic approach by the Trump administration to alleviate humanitarian concerns in Iran while maintaining economic leverage. However, it raises questions about the implications for US sanctions and the broader geopolitical landscape, especially with Iran's ongoing nuclear ambitions.
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