Israel-Hamas war: What is the $6 Bn U.S-Iran deal

By Editorji News Desk
Published on | Oct 09, 2023

Israel-Hamas war

Amidst the Israel-Hamas war the $6 billion deal between U.S and Iran is in Spotlight as a further escalation may put the deal under stress

Iran Prisoner swap deal

Five US citizens detained by Tehran will be freed for $6 billion in Iranian funds while 5 Iranians in U.S will also be let go

$6 Billion

Former U.S President Donald Trump banned Iran's oil exports and put sanctions on its banking sector in 2019 freezing $6 billion in South Koreas banks

Where is this $6 Billion?

The funds were not dispersed to Iran. Qatar's central bank is overseeing the funds, which are still in Doha

Iran - Unable to spend $6 billion

U.S Secretary of State Antony Blinken said Iran has not been able to spend a single dollar of the $6 billion in funds that were unfrozen in September