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US, Iran discuss access to $16B in restricted funds - Politico

Jun 12, 2026, 04:42 GMT+1

The United States and Iran have discussed allowing Tehran to access more than $16 billion in restricted funds held in Qatar and elsewhere as part of ongoing negotiations, Politico reported, citing a European official and another person briefed on the talks.

The emerging agreement appears focused on reopening the Strait of Hormuz and ending the US blockade, with nuclear talks left for later, the report said.

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