Iran seeking $24bn of frozen funds released in potential deal with US: report

Iran’s semi-official Tasnim news agency has cited a source close to Iran’s negotiating team as saying $24bn of frozen Iranian assets must be released in any potential deal with the US.

The source said Tehran’s position is that half of the amount – $12bn – must be released when a memorandum of understanding is announced, with the remaining amount released within 60 days.

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