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    USA: first Iranian funds released. Hormuz open to commercial traffic

    The Analyst by The Analyst
    June 25, 2026
    in Holy See
    USA: first Iranian funds released. Hormuz open to commercial traffic


    Vessels at the Strait of Hormuz, as seen from Musandam, Oman, June 22, 2026. REUTERS/Stringer ...

    June 23, 2026

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    Tehran, 23. This morning Tehran’s chief negotiator, Mohammad Bagher Ghalibaf, reported by Al Jazeera, announced the release of 12 billion dollars of frozen Iranian funds, divided into two tranches of 6 billion. The sale of oil, permitted in dollars, has also been unblocked until August 21, except for North Korea, Cuba and Crimea. While the Strait of Hormuz is “completely open”, says the Iranian ambassador to the UN in Geneva. The measures follow the conclusion of the technical talks, which took place yesterday, at the end of which specific working groups were established on “Cessation of sanctions”, “Nuclear affairs”, “Reconstruction and economic development”, and “Monitoring and implementation”, as stated by the state news agency Irna, quoting the deputy foreign minister, …

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