South Korea to Unlock $7 Billion for Iran After ‘Consultations’ with Biden

The South Korean Foreign Ministry announced on Tuesday that $7 billion in Iranian assets, frozen in two South Korean banks due to U.S. sanctions since September 2019, would be released to Iran following “consultations” with the Biden administration.

Source: South Korea to Unlock $7 Billion for Iran After ‘Consultations’ with Biden

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