Unfrozen Iran funds to go into US-run escrow account - Trump

President Donald Trump stated that any Iranian funds released through sanctions relief or by the US Treasury will be deposited into an escrow account managed by the United States. This account would allow Tehran to purchase essential goods, specifically food and medical supplies, exclusively from American suppliers.

"The Money and/or Sanctions that the US Treasury is releasing goes into escrow, controlled by the USA, and will be used for the purchase of food and medical supplies, exclusively from the United States, including Corn, Wheat, and Soybeans from our great American Farmers," Trump posted on his Truth Social platform. He emphasized the humanitarian aspect, stating, "This is a humanitarian crisis, and I feel it is necessary to help, NOW, before it is too late."

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The Money and/or Sanctions that the US Treasury is releasing goes into escrow, controlled by the USA, and will be used for the purchase of food and medical supplies, exclusively from the United States, including Corn, Wheat, and Soybeans from our great American Farmers.

This development occurs as Washington and Tehran are engaged in negotiations over key elements of a deal aimed at ending the Middle East war and ensuring a lasting peace, including the future of Iran's nuclear program. As part of the ongoing discussions, Tehran is expected to receive some form of sanctions relief and the unfreezing of assets.

In a related move, the US Treasury Department announced on Monday a temporary lifting of sanctions on Iran's crude oil sector. This measure, effective until August 21, is intended to facilitate negotiations and allow Iran to produce, sell, and deliver crude oil and related products while discussions continue.

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This is a humanitarian crisis, and I feel it is necessary to help, NOW, before it is too late.