Iran Acknowledges Qatar, Oman's Mediation In Release Of Frozen Assets

Iran's foreign minister has expressed his gratitude for the mediation efforts of Qatar and Oman in the ongoing process to release Tehran's frozen assets.

Hossein Amir-Abdollahian made separate telephone conversations to his Omani and Qatari counterparts during which he recognized and commended their mediation efforts to facilitate negotiations to unfreeze Iran's assets.

These discussions also underline the multifaceted nature of Iran's diplomatic engagement, encompassing broader bilateral economic, political, and regional matters.

Earlier this month, Iran and the United States announced that $6 billion frozen in South Korea due to US sanctions will be released through Qatari mediation, as Iran releases five US hostages from prison into home detention.

The Iranians insist that the release of the US citizens was part of a prisoner exchange agreement not related to the release of the funds. However, it is clear that the hostages are being kept in Tehran until the money reaches Iranian bank accounts in Qatar.

Currently, the funds are with the central bank of Switzerland, which is exchanging them into Euros gradually and will transfer to Qatar where Iran will be able to access them.