White House: There will be restrictions on any unfrozen Iranian funds

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Updated 12 August 2023
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White House: There will be restrictions on any unfrozen Iranian funds

  • Iran has released five Americans from prison to house arrest as part of an emerging deal in which the US would lift frozen Iranian assets
  • US Secretary of State Antony Blinken insisted on Thursday that the deal does not mean that Iran would be getting any sanctions relief

WASHINGTON: The White House stressed on Friday that there would be restrictions on what Iran could do with any funds unfrozen under an emerging agreement that has led to the release of five Americans from prison to house arrest in Tehran.
White House spokesperson John Kirby told reporters that the United States would have “full visibility” into where any released Iranian funds are directed and used. An estimated $6 billion in Iranian assets are now held in South Korea.
“Essentially, the funds can only be accessed for food, medicine, medical equipment that would not have a dual military use,” he said. “And there will be a rigorous process of due diligence and standards applied with input from the US Treasury Department.”
The five Americans will be allowed to leave Iran after the funds are unfrozen, a source familiar with the matter told Reuters.
While stressing that negotiations are ongoing and “the deal is not done,” Kirby said there would be “no impediment” to the transfer of the restricted account from South Korea to Qatar, where Iran would then be able to access the funds.
The potential transfer has drawn Republican criticism that President Joe Biden, a Democrat, is effectively paying a ransom for the US citizens. Moreover, they contend that allowing Iran to use the money for humanitarian goods could free up funds for its nuclear program or to back militias in nations such as Iraq, Lebanon and Yemen.
US Secretary of State Antony Blinken insisted on Thursday that the deal does not mean that Iran would be getting any sanctions relief.


ALSO READA look at known Iranian-Americans held by Iran as the US seeks a prisoner release deal


As a first step in what may be a complex set of maneuvers likely to take weeks, Iran allowed four detained US citizens to move into house arrest from Tehran’s Evin prison on Thursday. A fifth was already under home confinement.
Under the deal, the United States would release some Iranians from US prisons, Iran’s mission to the United Nations said.
On Friday, the Wall Street Journal cited people familiar with the matter as saying Iran has significantly slowed the pace at which it is accumulating near weapons-grade enriched uranium and has diluted some of its stockpile.
Kirby said he could not confirm the report but said “any steps that Iran might take to slow down enrichment certainly would be welcome.”
“We’re not in active negotiations about the nuclear program,” he added. “But certainly those sorts of steps, if they were to be true, would be welcome.”
Tensions have boiled since then-US President Donald Trump, a Republican, withdrew from a 2015 nuclear deal designed to curb Iran’s atomic program. Negotiations between the Biden administration and Iran for resumption of the accord have failed. Iran has denied it is seeking a nuclear weapon.


Trump says two weeks is ‘maximum’ for Iran decision

Updated 5 sec ago
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Trump says two weeks is ‘maximum’ for Iran decision

MORRISTOWN, United States: President Donald Trump said Friday that Iran had a “maximum” of two weeks to avoid possible US air strikes, indicating he could take a decision before the fortnight deadline he set a day earlier.
Trump added that Iran “doesn’t want to talk to Europe,” dismissing the chance of success in talks between European powers and Iran in Geneva on resolving the conflict between Israel and Iran.
Trump also played down the possibility of asking Israel to halt its attacks, after Iranian Foreign Minister Abbas Araghchi said Tehran would not resume talks with the United States until Israel relented.
“I’m giving them a period of time, and I would say two weeks would be the maximum,” Trump told reporters when asked if he could decide to strike Iran before that.
He added that the aim was to “see whether or not people come to their senses.”
Trump had said in a statement on Thursday that he would “make my decision whether or not to go within the next two weeks” because there was a “substantial chance of negotiations” with Iran.
Those comments had been widely seen as opening a two-week window for negotiations to end the war between Israel and Iran, with the European powers rushing to talks with Tehran.
But his latest remarks indicated that Trump could still make his decision before that if he feels that there has been no progress toward dismantling Iran’s nuclear program.
Trump dismissed the chances of Europe making a difference, saying the talks between Britain, France, Germany and EU diplomats and Tehran’s foreign minister “didn’t help.”
“Iran doesn’t want to speak to Europe. They want to speak to us. Europe is not going to be able to help in this,” Trump told reporters as he arrived in Morristown, New Jersey.
Asked if he would ask Israel to stop its attacks as Iran had asked, Trump said it was “very hard to make that request right now.”
“If somebody’s winning, it’s a little bit harder to do than if somebody’s losing, but we’re ready, willing and able, and we’ve been speaking to Iran, and we’ll see what happens.”

In Istanbul, top Arab League diplomats discuss Iran-Israel war

Updated 33 min 19 sec ago
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In Istanbul, top Arab League diplomats discuss Iran-Israel war

  • The ministers were in Turkiye’s largest city on the eve of weekend gathering of the OIC
  • Some 40 top diplomats are slated to join the weekend gathering

ISTANBUL: Arab League foreign ministers gathered in Istanbul late Friday to discuss the escalating war between Iran and Israel, Turkish state news agency Anadolu said, quoting diplomatic sources.

The ministers were in Turkiye’s largest city on the eve of weekend gathering of the Organization of Islamic Cooperation (OIC), which was also slated to discuss the air war launched a week ago.

Israel began its assault in the early hours of June 13, saying Iran was on the verge of developing nuclear weapons, triggering an immediate immediate retaliation from Tehran in the worst-ever confrontation between the two arch-rivals.

Some 40 top diplomats are slated to join the weekend gathering of the OIC which will also have a session dedicated to discussing the Iran-Israel crisis, the Turkish foreign ministry said.

Iranian Foreign Minister Abbas Araghchi, who met with his counterparts from Britain, France and Germany in Geneva on Friday, will also attend and address the diplomats, the ministry said.

Earlier on Friday, Araghchi said Tehran was ready to “consider diplomacy” again only if Israel’s “aggression is stopped.”

The Arab League ministers were expected to release a statement following their meeting, Anadolu said.


US to move third aircraft carrier closer to Mideast conflict

Updated 35 min 4 sec ago
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US to move third aircraft carrier closer to Mideast conflict

  • Navy official confirms USS Gerald R. Ford will depart for Europe next week
  • USS Carl Vinson carrier strike group already in Middle East, soon to be joined by USS Nimitz

WASHINGTON: The USS Gerald R. Ford will depart for Europe next week, a Navy official said Friday, placing a third American aircraft carrier in closer proximity to the Middle East as Israel and Iran trade strikes.
Israel launched an unprecedented air campaign against Iran last week, and US President Donald Trump has said he is weighing whether to join Israel in the fight.
“The Gerald Ford carrier strike group will depart Norfolk (Virginia) the morning of June 24 for a regularly scheduled deployment to the US European Command area of responsibility,” the Navy official said.
The USS Carl Vinson carrier strike group has been operating in the Middle East since earlier this year, taking part in an air campaign against Yemen’s Iran-backed Houthi rebels.
And a US defense official has confirmed that Pentagon chief Pete Hegseth ordered the Nimitz carrier strike group to the Middle East, saying it was “to sustain our defensive posture and safeguard American personnel.”
Trump said Thursday he will decide whether to join Israel’s strikes on Iran within the next two weeks, citing a chance of negotiations to end the conflict.
That deadline comes after a tense few days in which the US president publicly mulled hitting Iran and said that Tehran’s supreme leader Ayatollah Ali Khamenei was an “easy target.”
Trump had spent weeks pursuing a diplomatic path toward a deal to replace the nuclear deal with Iran that he tore up in his first term in 2018, but has since backed Israel’s attacks on Iran’s nuclear facilities and military top brass.
A key issue is that the United States is the only country with the huge “bunker buster” bombs that could destroy Iran’s crucial Fordo nuclear enrichment plant.
A number of key figures in his “Make America Great Again” movement have vocally opposed US strikes on Iran, and Trump’s promise to extract the United States from its “forever wars” in the Middle East played a role in his 2016 and 2024 election wins.


GCC chief hails UN adoption of landmark resolution on strategic cooperation

Updated 20 June 2025
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GCC chief hails UN adoption of landmark resolution on strategic cooperation

  • Jasem Albudaiwi describes agreement between the organizations as a major step forward in deepening regional and international collaboration
  • Its adoption reflects the respected status of the GCC as a proactive regional partner in efforts to support global peace and security, he adds

RIYADH: The secretary-general of the Gulf Cooperation Council, Jasem Albudaiwi, on Friday welcomed the adoption by the UN General Assembly of a landmark resolution on collaboration between the organizations.

He described the agreement, formally titled “Cooperation between the United Nations and the Gulf Cooperation Council” and the first of its kind, as a major step forward in deepening regional and international collaboration, the Saudi Press Agency reported.

The resolution, adopted on Monday, was submitted to the UN on behalf of GCC member states by Kuwait, which currently holds the presidency of the regional organization.

Albudaiwi said its adoption reflects the respected status of the GCC as a proactive regional partner in efforts to support global peace and security. It signifies a new phase of strategic partnership between the organizations, he added, underscored by concrete plans and activities to enhance cooperation.

He praised Kuwait for the diplomatic efforts of the nation’s mission to the UN in New York, and said the success of the resolution embodies the spirit of unity within the GCC and its commitment to working constructively with international partners across multilateral platforms.


19 injured in Israeli port after Iran missile barrage

Updated 20 June 2025
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19 injured in Israeli port after Iran missile barrage

  • Projectile slammed into an area by the docks in Haifa on Friday afternoon

JERUSALEM: At least 19 people were injured in the northern Israeli port city of Haifa as Iran fired a fresh barrage of missiles on Friday afternoon, authorities said.
Iran has been launching daily missile salvos at Israel for the past week since a wide-ranging Israeli attack on its nuclear and military facilities triggered war.
One projectile slammed into an area by the docks in Haifa on Friday afternoon where it damaged a building and blew out windows, littering the ground with rubble, AFP images showed.
Israel’s foreign ministry said it struck “next to” the Al-Jarina mosque.
The locations of missile strikes in Israel are subject to strict military censorship rules and are not always provided in detail to the public.
A spokesman for Haifa’s Rambam hospital said 19 people had been injured in the city, with one in a serious condition.
A military official said that “approximately 20 missiles were launched toward Israel” in the latest Iranian salvo.
More than 450 missiles have been fired at the country so far, along with about 400 drones, according to Israel’s National Public Diplomacy Directorate.
The directorate added that the country’s tax authority had received over 25,000 claims linked to damage caused to buildings during the war.
Israel launched a massive wave of strikes on June 13, triggering an immediate retaliation from Tehran.
Residential areas in both countries have suffered, while Israel and Iran have traded accusations of targeting civilians.
At least 25 people have been killed in Israel by Iranian missile strikes, according to authorities.
Iran said on Sunday that Israeli strikes had killed at least 224 people, including military commanders, nuclear scientists and civilians. It has not updated the toll since.