Connor StringerMay 27, 2026 – 10.34amWashington | The optics for a president could not be worse: handing over billions of dollars to the very regime America has been at war against.Yet, that is the reality facing Donald Trump, who spent years criticising Barack Obama for sending “pallets of cash” to Iran under a 2015 nuclear agreement negotiated by the US, Britain, France, China, Russia and Germany.The Telegraph LondonSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
The $34b cost of Donald Trump’s capitulation on Iran
For a president who promised victory, the transfer of frozen funds seems less like a decisive military campaign and more like a ransom payout to stop the bleeding.
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