US Won't Unfreeze Iranian Assets Until Tehran Fulfills Obligations: JD Vance
Quick Look
- US Vice President JD Vance stated that no Iranian frozen assets abroad will be unfrozen until Tehran meets its obligations under an agreement.
- Vance mentioned the total could exceed $200 billion, with most funds held outside the US.
AI-generated summary
Why It Matters
US Vice President JD Vance announced that the US administration will not release any of Iran's frozen assets abroad until Tehran fulfills its obligations under an agreement.
The US administration will not unfreeze a single dollar of Iran's frozen assets abroad until Tehran fulfills its obligations under the agreement, US Vice President JD Vance announced at a White House press conference, noting that the total amount of frozen Iranian assets could reach $200 billion.
"So, on the frozen funds, the amount of money, I honestly don't know. I've heard numbers north of $100 billion, I've actually heard numbers north of $200 billion. Most of it is not in United States accounts, most of it's either in the Gulf or in Europe or somewhere else, but I don't know the exact amount of money," he said.
"We're not releasing a single dollar of that money until the Iranians perform, and there are a number of ways they could perform," the vice president added.
Open Questions
- What specific obligations must Iran fulfill?
- What are the exact amounts and locations of frozen assets?
