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US-Iran Disagreement Over Frozen Assets and Nuclear Talks

Tuesday, June 23, 2026
5 min read
US-Iran Disagreement Over Frozen Assets and Nuclear Talks

There’s a huge split right now between the United States and Iran regarding what came out of those talks in Switzerland on Sunday. Vance, the Vice President, is pushing that any release of those frozen Iranian assets hinges entirely on Tehran’s future commitments and whatever verification measures they put in place. But Iran just keeps insisting Washington already aGreed to ease restrictions and let some sanctioned money go.

Then you have the whole nuclear inspection mess. Vance suggested Iran had aGreed to let international inspectors get more access, but that claim? Tehran pushed back hard against it immediately. A real clash of views there.

A day after those talks wrapped up in Switzerland, Vance reiterated his stance. He said the release wouldn't happen unless negotiations kept moving forward.

“Fundamentally,” he put it, “that money isn’t going to be unfrozen unless we see actual progress. That’s obviously a big part of what happens in the coming days.”

He stressed that America would judge Iran based on what they do , not just whatever assurances Tehran gives them.

And then there was the inspection talk again. He talked about letting inspectors in, saying the US would watch how Iran cooperates with those inspectors.

“You can’t trust anybody’s words,” he insisted. “You have to trust their actions. Letting in inspectors is a big deal but we’ll see what they actually let them do once they’re inside the country. That stays part of the negotiation.”

Vance also floated this idea about the IAEA. He claimed Iran aGreed to let IAEA inspectors back in, calling it “probably what we’re most excited about as Americans.”

Iran totally rejected that take. They said their cooperation with the UN nuclear watchdog would continue "under the current procedures." No new arrangements on inspections were made. Just different stories flying around. It just adds more uncertainty about what actually happened there.

Meanwhile, Iranian Foreign Minister Seyed Abbas Araghchi gave a completely different picture of the negotiations. He spoke after the talks and said things like oil and petrochemical exports got waived. The blockade was lifted. Some frozen assets were released. And they launched some major reconstruction plan for Iran.

Speaker of the Parliament, Mohammad Bagher Ghalibaf, who was also there, offered a different angle on those assets. He claimed that under Clause 11, two separate chunks $6 billion each were supposed to be released. Said the steps were taken in Qatar, but the final sign-off had to wait for Switzerland. And now it’s done.

That statement contrasts sharply with Vance’s view. It suggests some real economic relief was already achieved, ignoring his insistence that anything would depend on future compliance.

Vance pushed back again on how those funds should be used eventually. He made it clear that if assets were unfrozen, they had to go toward civilian use not military stuff or funding armed groups. He wanted a mechanism for oversight.

He brought up something Jared Kushner developed with the Qataris. A proposal where any unfrozen Iranian assets would need approval from both the US and Qatar. The money then supposedly went toward buying American agricultural products.

“Jared actually came up with an interesting solution,” Vance said. “If assets get unfrozen, we have approval over that process, Qatar has approval, and the money buys American soy, corn, wheat for the Iranian people.” He framed it as a classic Trump deal.

Iran’s side, though? They didn't buy that framing.

The backdrop is massive. Iran has been dealing with asset freezes and sanctions since the 1979 revolution against the Shah. The total value of those frozen assets isn’t officially pinned down. But media reports and experts generally put it above $100 billion. Some estimates creep up to $120 billion, depending on how you count blocked oil revenues and other restricted funds. It’s just a huge number floating around.

Written by Gree News Team — Senior Editorial Board

Gree News Team covers international news and global affairs at Gree News. Our collective of senior editors is dedicated to providing independent, accurate, and responsible journalism for a global audience.

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