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Last Updated:June 16, 2026, 21:11 IST
The release of funds reportedly include reopening the Strait of Hormuz without charging fees and making progress in upcoming negotiations over Iran's nuclear programme.
A man withdraws Iranian Rial notes from an automated teller machine in Tehran. (AFP file photo)
Up to $24 billion in frozen Iranian assets could be released in four stages under the agreement between Tehran and Washington, according to a report that has shed light on the framework aimed at ending the war.
The Israeli newspaper Haaretz reported, citing a Pakistani source involved in the talks and another source familiar with the contacts, that the release of the funds would be linked to Iran meeting a series of US demands.
These reportedly include reopening the Strait of Hormuz without charging fees and making progress in upcoming negotiations over Iran’s nuclear programme.
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News india $24 Billion Iranian Cash To Be Freed In 4 Stages? US Deal Tied To Hormuz, Nuke Terms
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