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Tehran will use the $6 billion received in the prisoner exchange

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Raisi hinted that the Americans detained in Iran will soon be returning home in an exclusive interview given in Tehran. He claim that the prisoner exchange agreement between the United States and Iran would be finalize in “due time”. And that the American captives are in “very healthy” condition.

Tehran will now have access to the roughly $6 billion in Iranian oil earnings. That U.S. sanctions prevented from entering South Korean institutions. However, according to US authorities, Qatar’s central bank will Iran will only be permitte to utilize the funds in compliance with U.S. sanctions and for humanitarian causes.Raisi, however, assert that Iran would have “authority” over the use of the monies. According to a translation provided by the Iranian government, he remarked, “This money belongs to the Iranian people, the Iranian government, so the Islamic Republic of Iran will decide what to do with this money.”

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Raisi said when ask if the funds would be use for anything other than humanitarian needs: “Humanitarian means whatever the Iranian people needs, so this money will be budget for those needs, and the needs of the Iranian people will be decide and determine by the Iranian government.”In addition to allowing Tehran access to the $6 billion in blocked oil income. The prisoner exchange calls for the release of five American nationals. Incarcerated in Iran in exchange for the release of five Iranians detained in the United States.

As a first step in the arrangement, the five American detainees were placed under house arrest on August 10. Their release was conditional upon the transfer of the monies from South Korea to Qatar’s state bank.On Monday, the Biden administration informed Congress that it had taken significant action to facilitate the prisoner exchange by approving a waiver that permits foreign banks to transfer the $6 billion to Qatar without fear of impending U.S. sanctions.

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