US President Donald Trump has stated that Iran's seized assets will not be released until a permanent ceasefire agreement is reached. Trump made these remarks during an interview on NBC News' Meet the Press. He emphasized that the release of assets is contingent upon a formal ceasefire agreement. Iran has repeatedly indicated that without the release of at least some of its seized assets, a ceasefire may not be possible. The ongoing conflict and mutual distrust have complicated the ceasefire negotiations. Despite diplomatic efforts, Trump has continued to threaten new attacks against Iran. Meanwhile, Iran's assets, estimated to be over $100 billion, remain seized in various banks worldwide due to US and other countries' sanctions.
Background and Context
The current situation stems from the 2015 nuclear agreement between Iran and the US, under which Iran agreed to limit its nuclear program in exchange for the easing of sanctions. However, Trump unilaterally withdrew from the agreement in 2018, leading to renewed tensions. Iran is currently seeking the release of $12 to $24 billion in seized funds as part of any ceasefire agreement.
