$3 Billion Frozen Funds, Communication Channel: Inside US-Iran Indirect Talks In Doha

Last Updated:July 02, 2026, 00:53 IST

Iranian Minister Gharibabadi said the countries agreed that “a communication channel would be established by tomorrow” to report and record violations of the memorandum.

The latest round of indirect United States-Iran talks in Doha centred on the implementation of a memorandum of understanding, with discussions covering a proposed $3 billion release of frozen Iranian funds and an agreement to establish a communication channel to report violations of the deal.

According to Iran’s official IRNA news agency, Iranian Deputy Foreign Minister Kazem Gharibabadi announced the conclusion of the latest round of talks on implementing the MoU between Tehran and Washington.

Gharibabadi said the countries agreed that “a communication channel would be established by tomorrow" to report and record violations of the memorandum.

Communication Channel To Be Established

Speaking after Wednesday’s meetings, Gharibabadi said there were no direct discussions between the US and Iranian delegations.

According to Axios, he said all negotiations took place through Qatari and Pakistani mediators. He also said the parties agreed to establish “an emergency communication channel by tomorrow" to address violations of the MoU.

Also Read: Vance Says US Using Iran Deal To ‘Refill’ Oil Market Before Next Move: ‘See Where The Hand Is’

Gharibabadi added that the expenditure of Iran’s frozen funds in Qatar was discussed and that “it was agreed that, based on Iran’s stated needs, the required goods would be purchased and delivered to Iran."

$3 Billion Frozen Funds Discussed

According to Al Arabiya, an initial agreement has been reached to release $3 billion to Iran during the indirect talks in Doha.

The report said Iran linked the release of the funds to progress in the negotiations, with the amount to be released in phases as discussions advance.

Al Arabiya also reported that the indirect negotiations remain ongoing.

Lebanon, Strait Of Hormuz Among Key Issues

According to Al Arabiya, a trilateral meeting involving Iran, Qatar and Pakistan was held to review the implementation of the memorandum of understanding.

Also Read: Trump Holds Off All-Out War Option On Iran Amid Ongoing Talks, Chooses Diplomacy For Now

The report said the talks covered the situation in Lebanon and the Strait of Hormuz.

According to the report, Iran accused Israel of undermining the implementation of the MoU by keeping its forces in Lebanon. In the meeting, Iran also maintained that the Strait of Hormuz falls under Iranian and Omani sovereignty.

Al Arabiya further reported that Iran requested the implementation of five provisions of the memorandum before moving on to other issues.

The report added that discussions are continuing on the Strait of Hormuz based on a new proposal presented by Oman, and that the negotiating delegations will return to their respective countries for consultations on the proposal.

US-Iran Indirect Talks

The indirect negotiations, mediated by Qatar and Pakistan, began on Tuesday night and continued on Wednesday.

The talks were structured through separate sessions involving chief negotiators and technical experts.

US envoy Steve Witkoff and President Donald Trump’s adviser and son-in-law Jared Kushner met Qatar’s prime minister ahead of the negotiations to help lay the groundwork for the talks.

Also Read: ‘We Have Two Options’: Vance Says Trump Still Has Cards To Play If Iran Violates MoU Terms

The indirect talks in Doha are centred on the Strait of Hormuz, with the Trump administration arguing that a nuclear agreement would offer Iran greater economic benefits than revenue generated through tolls in the strategic waterway.

The two sides had set a 60-day timeline to negotiate a comprehensive nuclear deal after signing a memorandum of understanding. The current round of talks has focused on the implementation of that memorandum.

On Sunday, following several exchanges of fire, the United States and Iran reached an understanding to de-escalate tensions in the Strait of Hormuz for one week.

About the Author

Prisha Vibhavari

Prisha is the Chief Sub-Editor at News18.com, with more than 10 years of experience in national and international news. She specialises in editorial leadership, sharp news judgment, and high-impact st...Read More

News world $3 Billion Frozen Funds, Communication Channel: Inside US-Iran Indirect Talks In Doha

Read More