Trump: Iran’s released funds will be deposited in an escrow account managed by America
President Tuesday I released as part of sanctions relief or made available by the US Treasury Department will be transferred to an escrow account managed by Washington, so that Tehran can use them to purchase American food and medical supplies.
He added: "This is a humanitarian crisis and I feel the need to help now, before it is too late"
The Iranian nuclear program
After signing a memorandum of understanding aimed at ending the war in the Middle East, Washington and Tehran are negotiating key items, including the future of the Iranian nuclear program.
The understanding stipulates that Tehran will be granted relief from the sanctions imposed on it by Washington, in addition to unfreezing some of its financial assets.
The US Treasury announced on Monday that it will temporarily lift sanctions imposed on the production, sale and delivery of Iranian crude oil and related products until August 21, as negotiations continue.
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