US, Iran Differ over Tehran’s Frozen Assets

A panel displays currency rates in a market in Tehran, November 29, 2021. (Reuters)
A panel displays currency rates in a market in Tehran, November 29, 2021. (Reuters)
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US, Iran Differ over Tehran’s Frozen Assets

A panel displays currency rates in a market in Tehran, November 29, 2021. (Reuters)
A panel displays currency rates in a market in Tehran, November 29, 2021. (Reuters)

Tehran accused the US administration of waging a “psychological war,” a day after Washington denied releasing $3.5 billion of Iran’s frozen funds abroad.

“The United States has not released any money to Iran. Any such report to the contrary is incorrect,” State Department spokesman Ned Price affirmed.

“We also understand that our partners have not transferred frozen funds to Iran, not even South Korea,” he stressed.

“And of course, the US has not authorized or approved any such frozen transfers to Iran. All of our current sanctions remain in effect. They will remain in effect until and unless we’re able to reach a diplomatic agreement,” in Vienna.

Price’s remarks, which coincide with a new round of talks in the Austrian capital, are part of a “psychological war” against Iran, state TV quoted an informed source as saying.

These remarks “will not affect what has actually happened,” the source added.

One of the countries will soon release the frozen assets under the sanctions imposed by Donald Trump’s administration on Iranian oil sales, deputy Foreign Minister for Economic Diplomacy Mehdi Safari said on Thursday.

He added that $3.5 billion of Iranian assets have been released, noting that the government had requested other countries to release larger numbers

“Fruitful negotiations were held in this regard,” Safari confirmed, while declining to reveal the amount discussed.

In mid-November, the Central Bank said one billion dollars from the released funds would be allotted for the import of “essential goods.”

Meanwhile, the Iranian rial currency dipped last week but remained above historic lows after news that talks with world powers to revive the 2015 Iran nuclear accord may have run into difficulties.

The US dollar was selling for as much as 302,200 rials on the unofficial market on Saturday, up from 294,000 on Friday.

In October 2020, the rial hit a record low of about 320,000 to a dollar as a drop in oil prices deepened the economic crisis in the country already reeling under US sanctions and the highest COVID-19 death toll in the Middle East.



Ukraine’s Zelenskiy Says Russian Army ‘Trying to Create Impression’ of Easter Ceasefire

Ukraine's President Volodymyr Zelenskiy attends a press conference, amid Russia's attack on Ukraine, in Kyiv, Ukraine, April 4, 2025. (Reuters)
Ukraine's President Volodymyr Zelenskiy attends a press conference, amid Russia's attack on Ukraine, in Kyiv, Ukraine, April 4, 2025. (Reuters)
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Ukraine’s Zelenskiy Says Russian Army ‘Trying to Create Impression’ of Easter Ceasefire

Ukraine's President Volodymyr Zelenskiy attends a press conference, amid Russia's attack on Ukraine, in Kyiv, Ukraine, April 4, 2025. (Reuters)
Ukraine's President Volodymyr Zelenskiy attends a press conference, amid Russia's attack on Ukraine, in Kyiv, Ukraine, April 4, 2025. (Reuters)

President Volodymyr Zelenskiy said on Sunday that the Russian army is making a pretense of an Easter ceasefire declared by President Vladimir Putin, continuing overnight attempts to inflict front-line losses on Ukraine.

"In general, as of Easter morning, we can say that the Russian army is trying to create a general impression of a ceasefire, but in some places it does not abandon individual attempts to advance and inflict losses on Ukraine," Zelenskiy said in a post on social media.

Putin, hours before heading to an Orthodox Easter service late on Saturday, announced the surprise one-day ceasefire, ordering his forces to "stop all military activity" along the front line in the three-year-old war.

The gesture followed a US announcement that it could abandon peace talks within days unless Moscow and Kyiv showed they were serious about negotiating.

Fighting was to stop from 6 p.m. Moscow time (1500 GMT) on Saturday until midnight on Sunday night, Putin said.

But Zelenskiy said there had been hundreds of instances of shelling on Saturday evening. Early on Sunday, Ukrainian forces reported 59 instances of shelling and five assault attempts along the front line, he said.

"Russia must fully comply with the conditions of silence," Zelenskiy said.

He reiterated that Kyiv was willing to extend the ceasefire for 30 days but said that if Russia kept fighting on Sunday, so would Ukraine.

"Ukraine will continue to act in a mirror manner," he said.