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The Guardian - US
The Guardian - US
World
Julian Borger in Washington

US agrees to release $6bn in Iran funds as part of deal to free detained Americans

Antony Blinken, the secretary of state, and Joe Biden in Hanoi on Monday.
Antony Blinken, the secretary of state, and Joe Biden in Hanoi on Monday. Photograph: Evelyn Hockstein/Reuters

The Biden administration has issued a waiver to allow the transfer of $6bn in frozen Iranian funds from South Korea to Qatar as part of a deal to free five Americans detained in Iran.

The waiver was a necessary step towards advancing a previously announced deal, which also involves the freeing of five Iranian citizens imprisoned in the US, mostly for sanctions-busting offenses.

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