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.”



Russia: Man Suspected of Shooting Top General Detained in Dubai

An investigator works outside a residential building where the assassination attempt on Russian Lieutenant General Vladimir Alexeyev took place in Moscow, Russia February 6, 2026. REUTERS/Anastasia Barashkova
An investigator works outside a residential building where the assassination attempt on Russian Lieutenant General Vladimir Alexeyev took place in Moscow, Russia February 6, 2026. REUTERS/Anastasia Barashkova
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Russia: Man Suspected of Shooting Top General Detained in Dubai

An investigator works outside a residential building where the assassination attempt on Russian Lieutenant General Vladimir Alexeyev took place in Moscow, Russia February 6, 2026. REUTERS/Anastasia Barashkova
An investigator works outside a residential building where the assassination attempt on Russian Lieutenant General Vladimir Alexeyev took place in Moscow, Russia February 6, 2026. REUTERS/Anastasia Barashkova

Russia's Federal Security Service (FSB) said on Sunday that the man suspected of shooting top Russian military intelligence officer Vladimir Alexeyev in Moscow has been detained in Dubai and handed over to Russia.

Lieutenant General Vladimir Alexeyev, deputy head of the GRU, ⁠Russia's military intelligence arm, was shot several times in an apartment block in Moscow on Friday, investigators said. He underwent surgery after the shooting, Russian media ⁠said.

The FSB said a Russian citizen named Lyubomir Korba was detained in Dubai on suspicion of carrying out the shooting.

Russian Foreign Minister Sergei Lavrov accused Ukraine of being behind the assassination attempt, which he said was designed to sabotage peace talks. ⁠Ukraine said it had nothing to do with the shooting.

Alexeyev's boss, Admiral Igor Kostyukov, the head of the GRU, has been leading Russia's delegation in negotiations with Ukraine in Abu Dhabi on security-related aspects of a potential peace deal.


Factory Explosion Kills 8 in Northern China

Employees work on an electric vehicle (EV) production line at the Volkswagen Anhui factory in Hefei, Anhui province, China, February 4, 2026. REUTERS/Florence Lo
Employees work on an electric vehicle (EV) production line at the Volkswagen Anhui factory in Hefei, Anhui province, China, February 4, 2026. REUTERS/Florence Lo
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Factory Explosion Kills 8 in Northern China

Employees work on an electric vehicle (EV) production line at the Volkswagen Anhui factory in Hefei, Anhui province, China, February 4, 2026. REUTERS/Florence Lo
Employees work on an electric vehicle (EV) production line at the Volkswagen Anhui factory in Hefei, Anhui province, China, February 4, 2026. REUTERS/Florence Lo

An explosion at a biotech factory in northern China has killed eight people, Chinese state media reported Sunday, increasing the total number of fatalities by one.

State news agency Xinhua had previously reported that seven people died and one person was missing after the Saturday morning explosion at the Jiapeng biotech company in Shanxi province, citing local authorities.

Later, Xinhua said eight were dead, adding that the firm's legal representative had been taken into custody.

The company is located in Shanyin County, about 400 kilometers west of Beijing, AFP reported.

Xinhua said clean-up operations were ongoing, noting that reporters observed dark yellow smoke emanating from the site of the explosion.

Authorities have established a team to investigate the cause of the blast, the report added.

Industrial accidents are common in China due to lax safety standards.
In late January, an explosion at a steel factory in the neighboring province of Inner Mongolia left at least nine people dead.


Iran Warns Will Not Give Up Enrichment Despite US War Threat

Traffic moves through a street in Tehran on February 7, 2026. (Photo by ATTA KENARE / AFP)
Traffic moves through a street in Tehran on February 7, 2026. (Photo by ATTA KENARE / AFP)
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Iran Warns Will Not Give Up Enrichment Despite US War Threat

Traffic moves through a street in Tehran on February 7, 2026. (Photo by ATTA KENARE / AFP)
Traffic moves through a street in Tehran on February 7, 2026. (Photo by ATTA KENARE / AFP)

Iran will never surrender the right to enrich uranium, even if war "is imposed on us,” its foreign minister said Sunday, defying pressure from Washington.

"Iran has paid a very heavy price for its peaceful nuclear program and for uranium enrichment," Abbas Araghchi told a forum in Tehran.

"Why do we insist so much on enrichment and refuse to give it up even if a war is imposed on us? Because no one has the right to dictate our behavior," he said, two days after he met US envoy Steve Witkoff in Oman.

The foreign minister also declared that his country was not intimidated by the US naval deployment in the Gulf.

"Their military deployment in the region does not scare us," Araghchi said.