Iran has issued a firm message on the fate of its frozen assets, with Ambassador Ali Bahreini declaring that Tehran alone will decide how the funds are spent under the recently signed memorandum of understanding. Speaking in Geneva, Bahreini rejected suggestions that the United States or Qatar would have any say in the use of the unfrozen assets, while noting that technical arrangements would still be needed for their release. He also announced that the Strait of Hormuz remains fully open to commercial shipping without additional transit charges, calling it a key commitment under the new agreement.
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June 23, 2026
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