Iran reaches agreement to tap into frozen overseas funds ...Kuwait

Iran has clinched an agreement to release a "considerable amount" of its overseas assets, frozen due to US sanctions, Iranian state media has reported. The amount set to be unfrozen would be "several times" the nearly £400 million recently paid by the UK to Iran to secure the release of two British detainees, the Islamic Republic News Agency [IRNA] reported on Wednesday, citing unnamed sources. No further details regarding the deal were given. Iran has sought to release billions of US dollars in overseas assets which were frozen after former US President Donald Trump pulled out of the 2015 nuclear agreement and enforced tough new sanctions on Tehran. Iran has more

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