Tuesday, May 26, 2026
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Breaking News: US-Iran Frozen Funds Deal Nears Breakthrough

Fresh reports suggest that the United States and Iran may be moving closer to a breakthrough agreement over Iran’s frozen funds. According to Qatari media, both sides have reportedly reached a consensus regarding billions of dollars in Iranian assets blocked under US sanctions. Iran is believed to have nearly $100–120 billion in frozen funds, including oil revenue, overseas bank deposits, and other foreign assets restricted since the 1979 revolution and later nuclear-related sanctions. Despite optimism, major disagreements continue to delay a final peace deal. US President Donald Trump has stated that the Strait of Hormuz must fully reopen and insisted Iran cannot develop nuclear weapons. Washington is also demanding that Iran surrender or destroy its enriched uranium under international supervision. Iran, however, says its nuclear program is peaceful and wants detailed negotiations over a 60-day period before making commitments. Tehran also seeks full control over Hormuz and demands the release of its frozen assets. Experts say these unresolved issues remain the biggest hurdles to a final agreement.

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