US Treasury to Oversee Released Iranian Funds, Cites Economic Pressure

According to the International Desk of Webangah News Agency, U.S. Treasury Secretary Scott Bessent stated in an interview with CNBC on Wednesday that the United States will have complete oversight and control over any frozen Iranian funds that are released. Bessent’s claims come amid domestic criticism of the U.S. economy following the American-Zionist aggression against Iran.

Bessent asserted that Iran was brought to the negotiating table due to economic pressure and naval blockades. He further claimed that the released Iranian funds would first be processed through Doha and that a significant portion of Iran’s budget, under the supervision of the Treasury Department, would be allocated to purchasing American food and medicine.

However, Al Jazeera previously reported that Iran’s Central Bank Governor, Abdulnaser Hemmati, stated that the signed documents regarding frozen assets do not mandate the purchase of agricultural products from the United States. Hemmati added that purchases would only occur if American agricultural products offered better prices and quality compared to other options.

The Governor of the Central Bank also noted that another portion of the released funds could be used to purchase any non-sanctioned goods.