U.S. To Unfreeze Iran’s Oil Money In Exchange For Prisoner Release

U.S. To Unfreeze Iran’s Oil Money In Exchange For Prisoner Release

OilPrice.com

Published

The United States has agreed to give Iran access to $6 billion in currently frozen Iranian oil revenue currently held in South Korea, media reported on Thursday—in exchange for the release of five Americans imprisoned in Iran. Iran has released five Iranian/American dual citizens, which now remain under house arrest in a hotel in Tehran. The prisoners will be held in the hotel for weeks until they can board an airplane to return to the United States. A lawyer for one of the prisoners cautioned that “there are simply no guarantees about…

Full Article