Geopolitical Insights

Academy Securities SITREP – U.S. | Iran Prisoner Deal

September 18, 2023
What has Happened: • Today, five Americans who had been imprisoned in Iran were released and are on their way back home. • This deal reportedly includes the transfer of $6 billion in Iranian oil revenue from South Korea to a bank in Qatar and the dismissal of federal charges against five Iranians accused of violating U.S. sanctions. • U.S. officials stated that the use of financial sanctions and monitoring will try to ensure that Iran uses the $6 billion in funds for humanitarian purposes only, but Iran could likely just direct other funds to their weapons programs instead. • ... Academy Securities SITREP – U.S. | Iran Prisoner Deal

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