Iran Steps Closer to Recover $7 Billion of Frozen Assets

 Iran’s foreign ministry spokesman Saeed Khatibzadeh speaks to media during a press conference in Tehran on November 15, 2021. (AFP)
Iran’s foreign ministry spokesman Saeed Khatibzadeh speaks to media during a press conference in Tehran on November 15, 2021. (AFP)
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Iran Steps Closer to Recover $7 Billion of Frozen Assets

 Iran’s foreign ministry spokesman Saeed Khatibzadeh speaks to media during a press conference in Tehran on November 15, 2021. (AFP)
Iran’s foreign ministry spokesman Saeed Khatibzadeh speaks to media during a press conference in Tehran on November 15, 2021. (AFP)

Iran’s Foreign Ministry spokesman Saeed Khatibzadeh said on Monday that part of the Iranian assets frozen under US sanctions “will be released soon,” without giving further details.

The official IRNA news agency quoted Khatibzadeh as saying that the necessary framework for removing the blockade of a “significant part” of Iran's frozen assets has been determined.

His statements came about an hour after his weekly press conference, where he denied being well-informed about the release of the frozen assets or the imminent visit of a regional official.

IRNA had reported that a high-ranking regional official “will travel to Tehran on Tuesday to finalize the mechanism for launching $7 billion.”

“According to the agreement reached with countries that have contracts with Iran, the framework was set for lifting the seizure of a significant part of the country’s frozen assets,” IRNA said, noting that the agreement provides for the transfer of Iranian assets to the country’s bank accounts within weeks.

The agency noted that the framework “is similar to that agreed upon with Britain,” in reference to the British-Iranian deal under which debts were paid to Iran in exchange for the release of Britons of Iranian origin.

In turn, Tasnim agency, which is affiliated with the Iranian Revolutionary Guards, reported that the Iranian assets “are likely to be transferred to the (branch) account of the Central Bank of Iran in Amman, while a senior regional official is arriving to finalize the mechanism for releasing the $7 billion.”

However, Khatibzadeh expressed on Monday Iranian doubts about the “determination” of the United States to reach an understanding to revive the 2015 nuclear agreement, speaking of continuing differences after a year of negotiations between Tehran and the six great powers.

“We really don’t know if we’ll get a deal or not, because the United States hasn’t shown the necessary will to reach an agreement,” Khatibzadeh said, as quoted by AFP.

“All components of maximum pressure must be removed,” he added. “Unfortunately, the United States is trying to maintain some of the elements of maximum pressure.”



Sources: Trump Rejects Efforts to Launch Iran Ceasefire Talks

President Donald Trump prepares to board Air Force One after speaking to reporters at Joint Base Andrews, Md., Friday, March 13, 2026. (AP Photo/Luis M. Alvarez)
President Donald Trump prepares to board Air Force One after speaking to reporters at Joint Base Andrews, Md., Friday, March 13, 2026. (AP Photo/Luis M. Alvarez)
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Sources: Trump Rejects Efforts to Launch Iran Ceasefire Talks

President Donald Trump prepares to board Air Force One after speaking to reporters at Joint Base Andrews, Md., Friday, March 13, 2026. (AP Photo/Luis M. Alvarez)
President Donald Trump prepares to board Air Force One after speaking to reporters at Joint Base Andrews, Md., Friday, March 13, 2026. (AP Photo/Luis M. Alvarez)

President Donald Trump's administration has rebuffed efforts by Middle Eastern allies to start diplomatic negotiations aimed at ending the Iran war that started two weeks ago with a massive US-Israeli air assault, according to three sources familiar with the efforts.

Iran, for its part, has rejected the possibility of any ceasefire until US and Israeli strikes end, two senior Iranian sources told Reuters, adding that several countries had been trying to mediate an end to the conflict.

The lack of interest from Washington and Tehran suggests both sides are digging in for an extended conflict, even as the widening war inflicts civilian casualties and Iran's closure of the Strait of Hormuz sends oil prices soaring.

US strikes on Iran's Kharg Island, the country's main oil export hub, on Friday night underscored Trump's determination to press ahead with his military assault.

Iran's new Supreme Leader Mojtaba Khamenei has vowed to keep the Strait of Hormuz shut and threatened to step up attacks on neighboring countries.

The war has killed more than 2,000 people, mostly in Iran, and created the biggest-ever oil supply disruption as maritime traffic has halted in the Strait of Hormuz, through which a fifth of the world's oil is transported.

Oman, which mediated talks before the war, has tried multiple times to open a line of communication, but the White House has made clear it is not interested, according to two sources, who like others in this story were granted anonymity in order to speak freely about diplomatic matters.

A senior White House official confirmed Trump has rebuffed those efforts to start talks and is focused on pressing ahead with the war to further weaken Tehran's military capabilities.

"He's not interested in that right now, and we're going to continue with the mission unabated. Maybe there's a day, but not right now," the official said.

"President Trump said new potential leadership in Iran has indicated they want to talk and eventually will talk. For now, Operation Epic Fury continues unabated," a second senior White House official said when asked to comment on this story.

The Iranian sources said Tehran has rejected efforts by several countries to negotiate a ceasefire until the US and Israel end their airstrikes and meet Iran's demands, which include a permanent end to US and Israeli attacks and compensation as part of a ceasefire.

Egypt, which was involved in mediation before the war, has also tried to reopen communications, according to three security and diplomatic sources.

While the efforts do not appear to have made progress, they have secured some military restraint from neighboring countries hit by Iran, according to one of the sources.

Both the United States and Iran appear even less willing to engage than during the opening days of the war, when senior US officials reached out to Oman to discuss de-escalating, according to several sources.

One source said Iran's top security official, Ali Larijani, and Foreign Minister Abbas Araghchi had also sought to use Oman as a conduit for ceasefire discussions that would have involved US Vice President JD Vance.

But those discussions have not materialized.

Instead, Iran's position has hardened, said a third senior Iranian source.
"Whatever was communicated previously through the diplomatic channels is irrelevant now," said the source.

"The Guards strongly believe that if they lose control over the Strait of Hormuz, Iran will lose the war," the source added, referring to the Revolutionary Guard Corps.

"Therefore, the Guards will not accept any ceasefire, ceasefire talks, or diplomatic efforts, and Iran’s political leaders will not engage in such talks despite attempts by several countries."


Dutch Authorities Seek 2 Suspects in Blast Outside Amsterdam Jewish School

Policemen stand at the scene following an overnight explosion at a Jewish school on Zeelandstraat in the Buitenveldert district of Amsterdam, the Netherlands, 14 March 2026. EPA/MICHEL VAN BERGEN
Policemen stand at the scene following an overnight explosion at a Jewish school on Zeelandstraat in the Buitenveldert district of Amsterdam, the Netherlands, 14 March 2026. EPA/MICHEL VAN BERGEN
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Dutch Authorities Seek 2 Suspects in Blast Outside Amsterdam Jewish School

Policemen stand at the scene following an overnight explosion at a Jewish school on Zeelandstraat in the Buitenveldert district of Amsterdam, the Netherlands, 14 March 2026. EPA/MICHEL VAN BERGEN
Policemen stand at the scene following an overnight explosion at a Jewish school on Zeelandstraat in the Buitenveldert district of Amsterdam, the Netherlands, 14 March 2026. EPA/MICHEL VAN BERGEN

Dutch authorities were hunting Saturday for two people suspected of setting off an explosion outside a Jewish school in Amsterdam. The mayor denounced the attack as a cowardly act of aggression against the city's Jewish community.

A City Hall statement said the overnight blast against the outer wall of the school in the Dutch capital’s Buitenveldert district caused only limited damage.

According to The Associated Press, a police statement said investigators established that the two suspects arrived on a motor scooter. One placed an object against the wall and then ran back to the scooter, with the detonation following as they sped away.

Mayor Femke Halsema said that Amsterdam’s Jewish residents feel “fear and anger” and are increasingly being targeted by antisemitism.

"That is unacceptable. A school must be a place where children can learn safely.

Amsterdam must be a place where Jews can live safely," she said.

Security around Jewish schools and other sites was reinforced after an explosion near a synagogue in Liege, Belgium, and a blast that caused a small fire at the entrance of a synagogue in the Dutch port city of Rotterdam on Friday.

“Two nights in a row, a cowardly attack with an explosive at a Jewish building. First in Rotterdam, now in Amsterdam," the Dutch justice and security minister, David van Weel, posted on X.

“The safety of Jewish institutions has our full attention. An investigation into the perpetrators is underway.”


Trump Urges Other Nations to Send Ships to Secure Hormuz

FILE PHOTO: A map showing the Strait of Hormuz and Iran is seen in this illustration taken June 22, 2025. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: A map showing the Strait of Hormuz and Iran is seen in this illustration taken June 22, 2025. REUTERS/Dado Ruvic/Illustration/File Photo
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Trump Urges Other Nations to Send Ships to Secure Hormuz

FILE PHOTO: A map showing the Strait of Hormuz and Iran is seen in this illustration taken June 22, 2025. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: A map showing the Strait of Hormuz and Iran is seen in this illustration taken June 22, 2025. REUTERS/Dado Ruvic/Illustration/File Photo

US President Donald Trump on Saturday urged other nations to send ships to help secure the Strait of Hormuz, the critical chokepoint for global oil supplies disrupted by the Mideast war.

Trump, who has said the United States will soon start escorting tankers through the strait, posted on Truth Social that "Many countries, especially those who are affected by Iran's attempted closure of the Hormuz Strait, will be sending War Ships, in conjunction with the United States of America, to keep the Strait open and safe."

The US president added: "Hopefully China, France, Japan, South Korea, the UK, and others, that are affected by this artificial constraint, will send Ships to the area."

Iranian strikes have all but halted maritime traffic in the strait, through which a fifth of global crude oil and liquefied natural gas normally pass. It is just 54 kilometers (34 miles) wide at its narrowest point.

With oil prices spiking, Trump was asked Friday when the US Navy would begin escorting tankers through the Strait of Hormuz. "It'll happen soon, very soon," he said.

In his post on Saturday, Trump asserted that Iran's military capability had been eliminated but he conceded that it was still able to attack the strait.

"We have already destroyed 100% of Iran's Military capability, but it's easy for them to send a drone or two, drop a mine, or deliver a close range missile somewhere along, or in, this Waterway, no matter how badly defeated they are," he wrote.

As he urged nations to send ships to the strait, he added that "the United States will be bombing the hell out of the shoreline, and continually shooting Iranian Boats and Ships out of the water. One way or the other, we will soon get the Hormuz Strait OPEN, SAFE, and FREE!"