The United States is exploring a plan with Qatar to release billions of dollars in frozen Iranian funds for humanitarian purposes, according to a report by The Wall Street Journal citing people familiar with the matter.
The proposed move is part of the recently signed peace agreement between Washington and Tehran. While details are still being finalized, the plan would
allow Iran access to a portion of its estimated USD 100 billion in frozen assets worldwide, beginning with USD 6 billion currently held in Qatar.
Under the arrangement, Qatar would use the funds to purchase humanitarian goods such as food and medicines ordered by Iran’s central bank. The money originates from Iranian oil revenues that have remained frozen overseas due to sanctions.