Iran's President Says $6B in Frozen Assets in Qatar to Be Released as US Talks Challenged
Source: US News & World Report/Reuters
June 29, 2026, at 4:21 a.m.
DUBAI, United Arab Emirates (AP) — Iran's president said Monday that $6 billion in frozen Iranian assets would be released by Qatar, as negotiations with the United States were challenged by attacks across the Persian Gulf this weekend.
Masoud Pezeshkian 's mention of the funds appear aimed at selling the Iranian public on the interim deal, particularly as its grip on the Strait of Hormuz has been tested by efforts to open Oman's territorial waters to both inbound and outbound traffic from the Persian Gulf. Iran's attacks and threats stopped cargo ships and tankers from moving through the strait, in which about a fifth of all traded oil and natural gas passed in peacetime, creating a global energy crisis.
The strait has long been considered an international waterway despite its location in Iran and Oman’s territorial waters. In recent days, Iran has twice attacked vessels going through a route near the Omani side, drawing retaliatory American airstrikes and concerns that negotiations to reach a formal end to the war could be disrupted. Iran launched drone and missile attacks targeting Bahrain and Kuwait on Sunday.
Pezeshkian says $6 billion coming to Iran
Pezeshkian offered praise for the interim deal in comments published Monday by the state-run IRNA news agency, calling it “a great victory for the Iranian people.”
Read more: https://www.usnews.com/news/us/articles/2026-06-29/irans-president-says-6b-in-frozen-assets-in-qatar-to-be-released-as-us-talks-challenged
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