US and Qatar Reportedly Reviewing Access for Iran to $6 Billion in Frozen Assets

The United States and Qatar are examining the possibility of granting Iran access to $6 billion in frozen assets for humanitarian needs, The Wall Street Journal reported on Saturday (20/6/2026). According to sources familiar with the matter, the initiative is being considered as an incentive for Iran to sign a comprehensive agreement aimed at a final resolution of the conflict with the US. Under the plan, the assets currently frozen in Qatar would be released for transactions involving the purchase of food, medicine, and other humanitarian commodities. The mechanism could provide a framework for subsequent concessions affecting other frozen Iranian assets. However, Iran has reportedly not yet agreed to the proposal. On Sunday (14/6/2026), the US and Iran announced they had finalised a memorandum of understanding on peace. Then, in the early hours of Thursday (18/7/2026), the leaders of both countries signed the agreement electronically and separately to end the war. The signed peace memorandum provides a 60-day period for the US and Iran to negotiate their final agreement on Iran’s nuclear programme and US sanctions against Iran. The agreement also sets a timeline for the US to end its naval blockade of Iran and for Iran to restore shipping in the Strait of Hormuz.