Iran’s Central Bank Governor Abdolnaser Hemmati has highlighted new details emerging from recent negotiations with the US, including on the reported release of $12bn in Iranian assets and the waiving of sanctions on Iranian oil.

In a video message shared by Ali Ahmadnia, head of the Iranian government’s information office, Hemmati says that Iran has no obligation to use the funds to buy US agricultural products, as claimed by US officials, but that it is not opposed to doing so if the US products are competitive.

Regarding Iranian oil exports, Hemmati has emphasised flexibility in how Iran can transport the oil and receive payments, saying funds can be accepted in any currency Iran chooses, not only dollars.