Tehran expects $6 billion unlock as Gulf tensions soar

Iranian President Masoud Pezeshkian has claimed that approximately $6 billion of Iran's frozen assets currently held in Qatar are expected to be released in the near future.

TEHRAN: Iranian President Masoud Pezeshkian has claimed that approximately $6 billion of Iran’s frozen assets currently held in Qatar are expected to be released in the near future.

According to the Iranian president, around half of the total $12 billion in blocked funds could soon be transferred back to Iran. He described the development as a positive step despite ongoing regional tensions and continuing diplomatic negotiations.

Pezeshkian noted that the political and security situation in the region remains fluid and subject to rapid changes, but discussions regarding the assets are continuing.

Meanwhile, US officials have stated that no transfer of frozen Iranian assets has taken place so far, highlighting a difference in positions between Washington and Tehran on the issue.

At the same time, tensions in the Gulf region have intensified following reports that Iran launched drone and missile attacks targeting Bahrain and Kuwait.

Iran has warned that any continuation of US military strikes could lead to a complete halt in negotiations, raising concerns over further escalation and instability across the region.