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US frees Iranian funds in deal tied to Hormuz safety

The United States has agreed to release Iranian assets held in Qatar.

TAS News Service

info@thearabianstories.com

Saturday, April 11, 2026

ISLAMABAD : The move appears closely tied to security guarantees around one of the world’s most critical shipping lanes, the Strait of Hormuz.

A senior Iranian source, cited by Reuters, revealed that the release of these funds is directly linked to assurances of safe passage through the Strait of Hormuz. The strategic corridor, which handles a significant share of global oil shipments, has long been a focal point of regional tensions.

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