Iran’s President says $6 billion in frozen assets in Qatar to be released as US talks challenged

Iran's president said Monday that $6 billion in frozen Iranian assets would be released by Qatar as negotiations with the United States were challenged by attacks across the Persian Gulf this weekend.

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Masoud Pezeshkian ‘s mention of the funds appear aimed at selling the Iranian public on the interim deal, particularly as its grip on the Strait of Hormuz has been challenged by efforts to open Oman’s territorial waters to both inbound and outbound traffic from the Persian Gulf. Iran’s attacks and threats stopped cargo ships and tankers from moving though the strait, in which about a fifth of all traded oil and natural gas passed in peacetime, creating a global energy crisis.