Iran Rejects US Claims Over Frozen Assets

Iran Rejects U.S. Claims Over Frozen Assets

Iran Rejects US Claims Over Frozen – Iran has firmly rejected U.S. claims regarding the frozen assets held by Washington, emphasizing its sovereignty over the funds. Iranian state media reported that the United States had agreed to release $12 billion in frozen assets and temporarily ease sanctions on Iranian oil as part of ongoing peace negotiations. However, Iran insists that the decision to utilize these assets lies entirely within its control, countering U.S. efforts to impose conditions on their use. This development comes amid heightened tensions between the two nations, with Iran maintaining its position that the frozen assets are a tool for economic stability and not a bargaining chip for external influence.

U.S. Officials Stress Control Over Funds

U.S. Vice President JD Vance reiterated the administration’s stance, stating that the funds remain frozen and under American oversight. During a Monday briefing, he highlighted the U.S. Treasury’s plan to place the released money in escrow, ensuring it is used exclusively for purchasing U.S. goods such as soybeans, corn, and wheat. Vance also emphasized the importance of excluding any support for terrorist activities from the allocation process. This strategy aims to ensure that Iran’s economic recovery aligns with American interests, particularly in fostering trade and reducing dependency on other global markets.

“We have made it clear that the U.S. will maintain control over the funds to ensure they are used responsibly,” said Vance, addressing concerns raised by Iranian officials.

While the U.S. officials argue that maintaining oversight is necessary to prevent misuse, Iranian diplomats have consistently challenged this narrative. Ambassador Ali Bahreini,