Al Jazeera, citing an informed source close to the talks between a high-ranking Iranian delegation and Qatari officials, reported on Monday, May 25, that Doha’s mediation has led Iran and the United States to an understanding regarding Iran’s frozen assets. This breakthrough has increased the likelihood of an official agreement being announced between Tehran and Washington on Tuesday.
The unnamed source stated that reaching an accord over Iran’s blocked funds had been one of Tehran’s most critical demands during the negotiations, and resolving this issue has paved the way for the announcement of a broader agreement between the two sides.
Al Jazeera’s report was published just hours after Al Arabiya, citing informed sources, reported that the United States and the Islamic Republic are reviewing the final draft of a preliminary memorandum of understanding. According to these sources, the understanding includes the reopening of the Strait of Hormuz, an extension of the ceasefire, and the easing of certain restrictions imposed on Iran.
Based on Al Arabiya’s report, the draft memorandum stipulates that the Strait of Hormuz will be reopened without tolls being levied on vessels, and naval demining operations will be carried out. Furthermore, the Islamic Republic will be permitted to sell and export crude oil, and a portion of Iran’s frozen assets will be released under a specific, structured mechanism.
