finance
Draft US-Iran Memorandum of Understanding Would Release $12 Billion in Previously Blocked Iranian Assets
A draft memorandum of understanding between the United States and Iran would release access to $12 billion in blocked Iranian assets within 60 days. The agreement has not been finalized.
May 31, 4:57 AM·1m read1 source
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A draft memorandum of understanding between the United States and Iran would grant Iran access to $12 billion in blocked assets within 60 days, @FirstSquawk reported. The draft MOU concerns access to blocked Iranian assets. The agreement is not yet finalized.
@FirstSquawk reported that the draft outlines the timing and amount of asset access but does not indicate that the terms have been agreed upon by both sides.
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