US moves to advance prisoner swap deal with Iran and release $6 billion in frozen Iranian funds

U.S. Secretary of State Antony Blinken speaks during a business roundtable meeting at the Government Office in Hanoi, Vietnam, Monday, Sept. 11, 2023. (AP Photo/Minh Hoang, Pool) WASHINGTON (AP) — The Biden administration has cleared the way for the release of five American citizens detained in Iran by issuing a blanket waiver for international banks to transfer $6 billion in frozen Iranian money from South Korea to Qatar without fear of U.S. sanctions. In addition, as part of the deal, the administration has agreed to release five Iranian citizens held in the United States.

Secretary of State Antony Blinken signed […]

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