Iran insists $12 billion of frozen funds must be released in MOU with US – Tasnim

FXStreetMay 26, 2026 9:49 AM

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Citing a source close to Tehran's negotiation team, Iran's Tasnim news agency reported on Tuesday that Iran insists $24 billion of frozen Iranian funds must be released in a potential Memorandum of Understanding (MOU) with the United States (US).

According to the report, Iran wants half of that amount be made reachable by the beginning of the MOU announcement.

The agency further noted that Iran's top negotiator, Mohammad Baqr Qalibaf, had travelled to Qatar to reach agreement on a mechanism to implement this demand.

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