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Trump says will not unfreeze Iranian assets before ceasefire deal reached

Trump says will not unfreeze Iranian assets before ceasefire deal reached

Summary

President Donald Trump said he will not release billions of frozen Iranian funds until a lasting ceasefire agreement ends the US-Israel conflict with Iran. He expressed willingness to negotiate only after Iran shows good behavior and the deal is in place.

Key Facts

  • President Trump said frozen Iranian assets will remain frozen until a formal ceasefire deal is reached.
  • Iran has over $100 billion frozen worldwide due to US and other country sanctions.
  • Trump withdrew the US from the 2015 Iran nuclear deal in 2018, which had allowed gradual release of some funds.
  • Iran wants between $12 billion and $24 billion released in stages as part of a ceasefire deal.
  • Iranian officials see partial release of funds as a test of trust in negotiations.
  • Fighting between the US-Israel alliance and Iran has paused since April 8 but isolated strikes continue.
  • Trump hinted he might know the location of Iran’s Supreme Leader Ayatollah Mojtaba Khamenei, who was reportedly wounded in early US strikes.
  • Iran warned it might respond if Israeli strikes on Lebanon’s Hezbollah continue or if the US keeps blocking Iranian ports.
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