Brief by Shorts91 Newsdesk / 07:19am on 15 Jun 2026,Monday International
A dispute over Iran's frozen assets has emerged as a key hurdle in the proposed US-Iran peace agreement. Iranian state-linked Mehr news agency claimed Washington would release $12 billion before negotiations begin and a total of $24 billion during a 60-day negotiation period. However, US officials denied any upfront payment, saying the funds would only be released after Iran fulfils its commitments. The disagreement has added uncertainty to the broader peace framework, which also includes reopening the Strait of Hormuz and talks on Iran's nuclear programme. The reported memorandum has not yet been officially confirmed by either side. (PC: HT)
