US allows release of $6 billion to Iran before prisoner swap

September 13, 2023

The US cleared the way for $6 billion in oil proceeds to be returned to Iran and agreed to release five Iranians as part of a secretly negotiated deal that will clear the way for five American citizens detained in Iran to return home. He said the $6 billion would be held in restricted accounts in Qatar, where it will be “available only for humanitarian trade,” according to a copy of the notification. Adrienne Watson, a spokeswoman for the White House National Security Council, said in a statement that “what is being pursued here is an arrangement wherein we secure the release of five wrongfully held Americans. A State Department spokesperson, who asked not to be identified, said the Biden administration isn’t lifting any sanctions on Iran or providing any sanctions relief as part of the deal. Watson of the National Security Council said “we have kept Congress extensively informed,” including with additional briefings already scheduled for this week.