IMI and the asset-unfreezing rumor are said to stand on different sides of the story; it was reported to involve the Strait of Hormuz passage arrangements.

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ME News report. On April 12 (UTC+8), at local time on April 11, an Iranian senior source said the United States has agreed to unfreeze Iranian assets held in Qatar and other foreign banks, but U.S. officials quickly denied the claim. The Iranian source said this move is seen as a signal of “sincerity” from the U.S. in negotiations in Islamabad, and added that unfreezing the funds is one of Iran’s key conditions for dealing with the U.S. The source also pointed out that the issue of funds “directly relates to” the safe passage arrangements in the Strait of Hormuz. Another Iranian source said the U.S. agreed to unfreeze about $6 billion in funds. The U.S. side reiterated that the relevant funds are still subject to restrictions and may only be used for humanitarian purposes such as food, medicine, and agricultural supplies, emphasizing that Iran cannot freely access the funds in the short term. (JinTen) (Source: BlockBeats)

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