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.