Iran says the U.S. agreed to release $12 billion in frozen funds after Switzerland talks, as oil prices slide and Hormuz negotiations continue.

Tehran alone will decide how to use its frozen assets once they are unfrozen under a US-Iranian deal towards ending the Middle East war, an Iranian ambassador said Tuesday,…

(Bloomberg) -- Iran said $12 billion of its frozen funds were set to be released as part of ongoing talks with the US, with the two sides broadly signaling progress in…