Iran demands release of frozen funds, intensifies negotiations with US toward interim agreement: sources

Iran is intensifying negotiations with the United States toward an interim agreement, demanding the release of its frozen funds. Sources indicate that the talks aim to de-escalate tensions and potentially end hostilities, with the U.S. considering allowing Iran's assets to be used for reconstruction in Gulf states. Iran has rejected the use of its assets for compensation to Gulf countries. The negotiations come amid ongoing exchanges of attacks between the U.S. and Iran, marking 100 days since the start of the conflict. Key players include the U.S., Iran, and Gulf states, with discussions centered on economic and security arrangements.

Global Impact

Economically, a deal could unlock Iranian oil exports, easing global supply constraints and lowering energy prices, benefiting import-dependent nations. Politically, it would reduce U.S.-Iran tensions and potentially reshape Middle Eastern alliances, with Gulf states gaining reconstruction aid.