BSS
  23 Jun 2026, 18:29

Trump says unfrozen Iran funds to go into US-run escrow account

President Donald Trump. Photo: Collected

WASHINGTON, United States, June 23, 2026 (BSS/AFP) - President Donald Trump

said Tuesday that any Iranian funds unfrozen through sanctions relief or

released by the US Treasury would go into a Washington-controlled escrow

account, which Tehran could tap to purchase US food and medical supplies.

"The Money and/or Sanctions that the US Treasury is releasing goes into

escrow, controlled by the USA, and will be used for the purchase of food and

medical supplies, exclusively from the United States, including Corn, Wheat,

and Soybeans from our great American Farmers," Trump posted on his Truth

Social platform.

"This is a humanitarian crisis, and I feel it is necessary to help, NOW,

before it is too late."

After signing a deal aimed at ending the Middle East war, Washington and

Tehran are negotiating key elements, including the future of Iran's nuclear

program, that would ensure a lasting peace.

As part of the deal, Tehran is set to get some form of sanctions relief from

Washington, as well as the unfreezing of assets.

The US Treasury Department said Monday it was temporarily lifting sanctions

on Iran to allow it to produce, sell and deliver crude oil and related

products through August 21, as negotiations proceed.

BSS/AFP/SSS/1814 hrs