Iran will get 6 billion dollars, the money was deposited in Qatar, President Pezeshkian announced

Iran’s President Masoud Pezeshkian has shared a big news. He told that Iran’s 6 billion dollars deposited in Qatar will now be returned. This money was stopped due to international sanctions. Now preparations are on to release it under a new agreement.

President Pezheshkian gave this information on Monday, June 29, 2026. He said that out of the total resources of $12 billion present in Qatar, $6 billion would be brought back to the country. Necessary action is being taken for this. The move is part of ongoing negotiations and an initial agreement with the US. The purpose of this deal is to end the Middle East conflict and reopen the Strait of Hormuz.

Under this agreement, a 60-day diplomatic process will begin on nuclear issues and regional security. The President also said that after the recent ceasefire agreement, the restrictions on oil and petrochemicals have now been lifted.

Fund utilization and management

The money is part of Iran’s oil earnings that were frozen due to sanctions. This fund will be used only for humanitarian needs, such as purchasing medicines, food and other essential items. This money will be managed through two banks of Qatar, Al-Ahli and Dukhan, but its control will remain with the Central Bank of Iran.

The history of this fund has been quite complicated. It was sent from South Korea to Qatar in September 2023 under a prisoner exchange agreement. But after the Hamas attacks on October 7, 2023, this money was frozen again. Now it is being reopened under the new agreement.

America and Qatar are working to ensure that Iran uses this money only for humanitarian work. American officials will monitor so that this money does not reach any military program or other groups.

President Pezeshkian made it clear that Iran does not want to build nuclear weapons, but it will not give up its right to enrich uranium. Iran believes that getting this fund is the first step towards getting back about 100 billion dollars stuck around the world.

Talks on the matter began in late May 2026, when Iran’s parliamentary speaker Mohammad Bagher Ghalibaf visited Doha. Now the technical teams of Iran and America will meet in Doha to discuss the implementation of this agreement.