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)
TT

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.



France, UK Eye 'Real Progress' in Hormuz Plan

Britain's Defense Secretary John Healey (R) and Chief of Joint Operations (CJO) Lieutenant General Nick Perry attend a 'Strait of Hormuz Military Planning Conference' at the Permanent Joint Headquarters at Northwood, north-west London on April 23, 2026. (Photo by Alastair Grant / POOL / AFP)
Britain's Defense Secretary John Healey (R) and Chief of Joint Operations (CJO) Lieutenant General Nick Perry attend a 'Strait of Hormuz Military Planning Conference' at the Permanent Joint Headquarters at Northwood, north-west London on April 23, 2026. (Photo by Alastair Grant / POOL / AFP)
TT

France, UK Eye 'Real Progress' in Hormuz Plan

Britain's Defense Secretary John Healey (R) and Chief of Joint Operations (CJO) Lieutenant General Nick Perry attend a 'Strait of Hormuz Military Planning Conference' at the Permanent Joint Headquarters at Northwood, north-west London on April 23, 2026. (Photo by Alastair Grant / POOL / AFP)
Britain's Defense Secretary John Healey (R) and Chief of Joint Operations (CJO) Lieutenant General Nick Perry attend a 'Strait of Hormuz Military Planning Conference' at the Permanent Joint Headquarters at Northwood, north-west London on April 23, 2026. (Photo by Alastair Grant / POOL / AFP)

Britain and France Thursday voiced hope that military plans to secure the Strait of Hormuz were coming together and would succeed in restoring trade flows through the vital passage.

At a two-day meeting in London, military planners discussed the practicalities of a multinational mission led by the UK and France to protect navigation in the key waterway following a sustainable ceasefire, top defense officials said.

The aim is to form a "defensive, multinational mission that will strengthen the confidence of commercial shipping, and, if necessary, clear mines and protect vessels when the hostilities end", AFP quoted British defense minister John Healey as saying.

The British ministry said the meeting involved more than 44 countries from every continent.

Healey and French counterpart Catherine Vautrin said in a joint statement they were "confident that real progress can be made".

"International trade, energy, and economic stability for all our nations depend on freedom of navigation" in the strait, Healey told those attending.

He called for "practical military plans", saying "millions of people" were relying on a successful outcome from the meeting.

"We can't let them down," he said.

British Prime Minister Keir Starmer has said more than a dozen countries have agreed to participate in the mission to free up navigation in Hormuz.

Iran said on Wednesday it would not reopen the Strait of Hormuz as long as the United States continued to blockade Iranian ports.

While strikes around the region have mostly stopped since the start of a ceasefire, the US and Iran have continued to exert pressure around the trade route.

Before the war started on February 28, about a fifth of the world's oil was shipped through the Strait.


Katz: Israel Awaiting US Green Light to 'Return Iran to Stone Age'

FILED - 25 June 2024, Israel, Jerusalem: Israeli Defense Minister Israel Katz is pictured in Jerusalem. Photo: Hannes P Albert/dpa
FILED - 25 June 2024, Israel, Jerusalem: Israeli Defense Minister Israel Katz is pictured in Jerusalem. Photo: Hannes P Albert/dpa
TT

Katz: Israel Awaiting US Green Light to 'Return Iran to Stone Age'

FILED - 25 June 2024, Israel, Jerusalem: Israeli Defense Minister Israel Katz is pictured in Jerusalem. Photo: Hannes P Albert/dpa
FILED - 25 June 2024, Israel, Jerusalem: Israeli Defense Minister Israel Katz is pictured in Jerusalem. Photo: Hannes P Albert/dpa

Defense Minister Israel Katz said on Thursday that Israel was "prepared to resume the war against Iran", adding that his country was awaiting a green light from the United States to return Iran to "the Stone Age".

"The IDF is ready both defensively and offensively, and the targets have been marked," Katz said in a video statement.

"We are awaiting a green light from the United States -- first and foremost to complete the elimination of the Khamenei dynasty... and additionally to return Iran to the Dark Age and the Stone Age by destroying key energy and electricity facilities and dismantling its national economic infrastructure," he added.

The opening US-Israel attack of the war on February 28 killed Iran's supreme leader Ali Khamenei, whose son later succeeded him but has yet to appear in public, creating speculation over his condition and if he is still alive.

"This time, when the attack resumes, it will be different and lethal, adding devastating blows at the most sensitive points -- following the tremendous strikes the Iranian terror regime has already sustained -- that will shake and bring down its foundations," AFP quoted Katz as saying.

US President Donald Trump on Tuesday announced an indefinite extension of the ceasefire between the United States and Iran, which came into effect on April 8, to create space for talks with Tehran.

Plans for renewed negotiations in Pakistan hang in the balance.

The Middle East war has engulfed the region, leaving several thousand people dead, mainly in Iran and Lebanon, and continuing to destabilize the global economy.


Prince Harry, on Visit to Kyiv, Tells Putin to 'Stop this War'

Britain's Prince Harry steps off a train as he arrives, amid Russia's attack on Ukraine, at the railway station in Kyiv, Ukraine, April 23, 2026.  - Reuters
Britain's Prince Harry steps off a train as he arrives, amid Russia's attack on Ukraine, at the railway station in Kyiv, Ukraine, April 23, 2026. - Reuters
TT

Prince Harry, on Visit to Kyiv, Tells Putin to 'Stop this War'

Britain's Prince Harry steps off a train as he arrives, amid Russia's attack on Ukraine, at the railway station in Kyiv, Ukraine, April 23, 2026.  - Reuters
Britain's Prince Harry steps off a train as he arrives, amid Russia's attack on Ukraine, at the railway station in Kyiv, Ukraine, April 23, 2026. - Reuters

Britain's Prince Harry made an unannounced visit to Kyiv on Thursday and called on Russia's President Vladimir Putin to end the war - a week after a massive Russian aerial attack on the country - and on US President Donald Trump to show leadership to help resolve the conflict.

By convention, the British royal family do not speak out on political matters, although King Charles and other senior royals have regularly voiced their support for Ukraine. But Harry, on his third visit to the country since the war began, used far more explicit language than any of his relatives have done previously, Reuters reported.

"President Putin, no nation benefits from the continued loss of life we are witnessing. There is still a moment—now—to stop this war, to prevent further suffering for Ukrainians and Russians alike, and to choose a different course," Harry said in a speech to a Kyiv security forum.

He called on Washington to do more to bring about an end to the war.

"This is a moment for American leadership, a moment for America to show that it can honour its international treaty obligations," he said.

"Europe has stood up in profound ways," added Harry, a British Army veteran who served in Afghanistan. "The task now is to match endurance with speed, solidarity with scale, and commitment with consistency."

In his speech, which drew huge applause, he praised the Ukrainian people's resolve and the innovative response of its military, including its advanced drone capabilities.

On his two-day visit Harry is also expected to visit the de-mining HALO Trust charity, supported by his late mother Diana, Princess of Wales, and spend time with Ukrainian participants of the Invictus Games Foundation he founded, which helps wounded veterans recover through sport, according to Britain's ITV.

"I am here as a soldier who understands service, as a humanitarian who has seen the human cost of conflict, and as a friend of Ukraine who believes the world must not grow used to this war or numb to its consequences," Harry said.