Strait of Hormuz: US to release frozen Iranian assets in exchange for 'safe passage'

A senior Iranian official stated that the United States has agreed to release frozen Iranian assets held in Qatar and other foreign banks in exchange for safe passage through the Strait of Hormuz. This move is seen as a sign of seriousness in ongoing negotiations in Islamabad. The $6 billion, initially frozen in 2018, was linked to a US-Iranian prisoner exchange.