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EXCLUSIVE

Qatar rejects Iran’s demand for unrestricted release of $12 billion in funds

May 30, 2026, 00:51 GMT+1Updated: 03:57 GMT+1

Despite Tehran’s firm demands for the immediate and unconditional release of $12 billion in cash upon the signing of an initial Memorandum of Understanding (MoU) with the United States, Qatari officials rejected the

According to a source close to a Qatari official involved in the discussions, Doha refused to transfer the funds directly or in cash to Iran. Instead, the money will only be made available as credit for Tehran to purchase essential goods and products directly from Qatar.

The restriction comes amid strong US opposition to granting Iran direct, unrestricted access to liquid financial assets.

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