Iran Says its Released Assets Abroad Will Be Used for Domestic Output 

06 August 2023, Iran, Tehran: Iranian President Ebrahim Raisi speaks with Sri Lankan Foreign Minister Ali Sabry (not pictured) during their meeting. (Iranian Presidency Office/dpa)
06 August 2023, Iran, Tehran: Iranian President Ebrahim Raisi speaks with Sri Lankan Foreign Minister Ali Sabry (not pictured) during their meeting. (Iranian Presidency Office/dpa)
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Iran Says its Released Assets Abroad Will Be Used for Domestic Output 

06 August 2023, Iran, Tehran: Iranian President Ebrahim Raisi speaks with Sri Lankan Foreign Minister Ali Sabry (not pictured) during their meeting. (Iranian Presidency Office/dpa)
06 August 2023, Iran, Tehran: Iranian President Ebrahim Raisi speaks with Sri Lankan Foreign Minister Ali Sabry (not pictured) during their meeting. (Iranian Presidency Office/dpa)

Iran's released assets abroad will be used to enhance domestic production, President Ebrahim Raisi was quoted as saying on Wednesday by the semi-official ISNA news agency.

Last week, Iran and Washington reached an agreement whereby five US citizens detained in Iran would be released while $6 billion of Iranian assets in South Korea would be unfrozen and sent to an account in Qatar that Iran could access.

US officials have said Iranian funds will be put in a restricted account and used for humanitarian purposes such as buying food or medicine.

As a first step in what may be a complex set of maneuvers, Iran allowed four detained US citizens to move into house arrest from Tehran's Evin prison, a lawyer for one said. A fifth was already under home confinement.

The United States would release some Iranians from US prisons as part of the deal, Iran's mission to the United Nations said.



Trump Demurs on US Involvement on Iran, Araghchi Hints it Can Step in to End Fighting

US President Donald Trump speaks during a meeting with Canadian Prime Minister Mark Carney (not pictured) at the G7 summit in Kananaskis, Alberta, Canada, June 16, 2025. (Reuters)
US President Donald Trump speaks during a meeting with Canadian Prime Minister Mark Carney (not pictured) at the G7 summit in Kananaskis, Alberta, Canada, June 16, 2025. (Reuters)
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Trump Demurs on US Involvement on Iran, Araghchi Hints it Can Step in to End Fighting

US President Donald Trump speaks during a meeting with Canadian Prime Minister Mark Carney (not pictured) at the G7 summit in Kananaskis, Alberta, Canada, June 16, 2025. (Reuters)
US President Donald Trump speaks during a meeting with Canadian Prime Minister Mark Carney (not pictured) at the G7 summit in Kananaskis, Alberta, Canada, June 16, 2025. (Reuters)

US President Donald Trump declined on Monday to answer what it would take for US to be directly involved in the growing conflict between Israel and Iran, saying he did not want to talk about the issue.

Instead, he continued to press Iran on negotiations on its nuclear program.

“They should talk, and they should talk immediately,” Trump said during a bilateral meeting with the Canadian prime minister during the G7 summit.

Trump added: “I’d say Iran is not winning this war.”

Earlier, Iran’s Foreign Minister Abbas Araghchi appeared to make a veiled outreach Monday for the US to step in and negotiate an end to dayslong hostilities between Israel and Iran.

In a post on X, the website formerly known as Twitter, Araghchi wrote that if Trump is “genuine about diplomacy and interested in stopping this war, next steps are consequential.”

“It takes one phone call from Washington to muzzle someone like Netanyahu,” Iran’s top diplomat continued. “That may pave the way for a return to diplomacy.”

The message to Washington comes as the most recent round of talks between US and Iran was canceled over the weekend after Israel targeted key military and political officials in Tehran on Thursday.