US rejects Iranian claims on frozen funds under deal - Axios

A senior US official rejected Iranian claims that Tehran would receive billions of dollars in frozen funds before negotiations on a final agreement begin, calling the characterization a "spin."

Speaking to Axios, the official denied reports that Iran would gain unconditional access to $12 billion in blocked assets before the start of the 60-day negotiating period.

"This is completely not true," the official said. "This is a pay-for-performance deal and no frozen funds will be released without the Iranians implementing their commitments."

Iranian officials have said final negotiations will begin only after key commitments are implemented, including the release of some frozen assets and the lifting of the maritime blockade.