Trump Says No Early Release of Iran Frozen Assets or Sanctions Relief in Any Deal
Summary
- Trump said the US would not offer the release of frozen assets or sanctions relief to Iran in advance as part of any potential deal with Tehran.
- The frozen-assets issue has stalled US-Iran talks, clouding the outlook for further progress in the negotiations.
- Whether the US and Iran reach a deal is a key variable for international oil prices, gold prices and global financial markets.
Forecast Trend Report by Period
President Donald Trump said the US would not offer an upfront release of Iran’s frozen assets or preemptive sanctions relief as part of any potential agreement with Tehran. The frozen-assets dispute remains a key sticking point in US-Iran negotiations.
Walter Bloomberg reported on June 7 that Trump said the US would not “release Iran’s frozen assets first or lift sanctions preemptively as part of any deal.”
The remarks came shortly after an adviser to Iran’s supreme leader claimed talks between Washington and Tehran had stalled over the frozen-assets issue.
Iran is reportedly demanding the immediate release of about $12 billion in frozen assets under an interim agreement, followed by an additional $12 billion later.
The US has maintained that releasing assets in the early stages of the negotiations would forfeit a key source of leverage.
Trump recently signaled progress in the talks, saying Iran was getting closer to signing an agreement. His latest remarks underscore that the two sides remain far apart on frozen assets and sanctions relief.
Markets are closely watching whether the US and Iran can reach a deal, with the outcome seen as a major variable for global financial markets, including oil and gold prices.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
