The United States is holding firm on approximately $6 billion in Iranian frozen funds, refusing to release a single dollar until Tehran meets specific compliance benchmarks in ongoing negotiations. The assets, held primarily in Qatari banks, remain locked despite Iranian President Masoud Pezeshkian’s announcement that the funds would be allocated for humanitarian purchases. US officials have confirmed that no transfers have occurred, and any release depends entirely on Iran’s verified engagement in diplomatic talks and a commitment to spending the money exclusively on essentials like food and medicine.

The $6 billion in context

The $6 billion comes from pre-2019 sanctioned oil sales and sits within a broader pool of roughly $100 billion in Iranian revenues frozen across the globe due to sanctions.

Iranian President Pezeshkian framed the potential release as a partial win, noting that the $6 billion represents half of $12 billion currently frozen in Qatari banks alone.

The conditional release strategy mirrors approaches used during the Trump administration, which linked humanitarian fund access to compliance milestones. The most notable precedent was the 2023 prisoner swap deal, which temporarily unlocked access to similar funds in Qatar. That access was subsequently frozen again when tensions escalated.