NEW: Biden Unfreezes $6 Billion in Iranian Assets in Deal to Free Five American Hostages
Red State ^ | 08/10/2023 | Mike Miller
Posted on 8/10/2023, 9:24:27 PM by SeekAndFind
After it was reported on Thursday that Iran had transferred five Iranian Americans from prison to house arrest, it became clear that a deal between the Biden administration and the radical Islamist state had been reached — which would include billions of dollars of frozen Iranian assets in exchange for the Americans.
This again raises the question — which we’ll tackle later in the article: Should the United States pay ransom to rogue states and others for the release of captured Americans?
Anyway, sure enough, the United States and Iran have reached an agreement in which the Islamist regime will free the five Americans in exchange for several Iranian nationals serving prison sentences for violating U.S. sanctions on Iran — and unfreeze $6 billion of Iran’s assets in South Korea, which will be transferred to an account in the central bank of Qatar.
Yup, I read about this.
The admin. explanation of why it isn’t the U.S. paying for hostages,,,”...unfreezing a $6 billion oil payment from South Korean companies to Iran.
“That’s actually $6 billion of Iranian money that’s been frozen in a South Korean account for for many, many years,”
Many believe it’s tied to a new Iran nuke deal.
More info here -