The Trump administration will allow Iran to access $6 billion of its oil revenues currently held in Qatar as part of an interim agreement between Tehran and Washingtonaccording to a report by the Financial Times (FT).
The report said the funds would be used to purchase humanitarian goods and other non-sanctioned products from the United States under the terms of the proposed arrangement.
Interim deal includes access to frozen assets
According to the FT report, the agreement would permit Iran to utilize a portion of its restricted oil revenues that have remained inaccessible under existing sanctions-related restrictions.
The funds are reportedly being held in Qatar and would be released under a monitored framework tied to the interim understanding between the two countries.
The reported move marks a significant element of the ongoing diplomatic engagement between Washington and Tehran.
Funds earmarked for humanitarian purchases
The Financial Times reported that Iran would be allowed to use the money specifically for the purchase of humanitarian and non-sanctioned goods.
Such goods generally include categories exempt from sanctions restrictions, including certain food, agricultural products, medical supplies and humanitarian necessities.
The reported arrangement is aimed at facilitating permitted trade while maintaining broader sanctions measures.
US-Iran negotiations continue
The development comes amid ongoing discussions between the United States and Iran over a broader framework addressing nuclear issues, sanctions and regional security concerns.
Officials from both countries have continued negotiations in recent months as diplomatic efforts seek to reduce tensions and establish a longer-term agreement.
Several aspects of a potential comprehensive deal reportedly remain under discussion.
Qatar’s role in the arrangement
According to the report, Qatar is expected to play a role in facilitating access to the funds because the Iranian oil revenues are currently held there.
The Gulf nation has frequently acted as an intermediary in regional diplomatic initiatives and has been involved in efforts to facilitate communication between Washington and Tehran.
No official details regarding the operational mechanism were immediately disclosed.
Regional and international attention
The reported agreement is being closely watched by governments across the Middle East and beyond due to its potential implications for regional diplomacy and US-Iran relations.
Any movement involving sanctions relief, frozen assets or humanitarian trade is likely to draw significant international attention as negotiations continue.
Further details are expected as discussions between the two sides progress.
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