What are Iran’s $100bn in frozen assets and where are they held?
World

What are Iran’s $100bn in frozen assets and where are they held?

Al Jazeera·2h ago·Fear

What Happened

Iran's frozen assets abroad exceed $100 billion, equivalent to four times annual hydrocarbon revenues. These funds are restricted by US-led sanctions imposed since 1979 over hostage crises and nuclear programs. Iran demands release of $6 billion as confidence measure in ceasefire talks with the US. Former Treasury Secretary Jacob Lew stated Iran could access only half even with sanctions lifted. Asset freezing occurs through court orders, sanctions, or regulatory actions by nations or banks.

Key Entities

IranUnited StatesMohammad Bagher GhalibafFrederic SchneiderJacob LewPakistanIslamabad

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