U.S. to Hold Off on Disbursing $6 Billion in Iran Oil Revenue Unfrozen in Prisoner Deal
Middle East,Iran,Foreign Policy,Israel Hamas Violence,World,Banking And Finance,Qatar
The U.S. and Qatar have agreed to deny Iran access to $6 billion in oil proceeds that Washington had previously freed up as part of a prisoner swap reached last month, according to people familiar with the matter.
The decision with Qatar, whose government is overseeing Iran’s access to the funds, comes amid concern for Tehran’s long-running provision of money, arms and intelligence to the group responsible for the terrorist attack on Israel last weekend, Hamas.
According to a preliminary unclassified assessment by U.S. intelligence agencies, Tehran likely knew Hamas was planning operations against Israel but didn’t know the precise timing or scope of the surprise attack.
Related Coverage
AllSides Picks
Headline Roundup
No Majority Reached in Israeli Election, Netanyahu to Stay as Leader For Now
October 29th, 2026
Story of the Week
Elections in Brazil, Israel, and Serbia
AllSides Staff
October 29th, 2026
The Insight
The Insight: Where Israel and Gaza Stand 3 Years After Oct. 7
AllSides Staff
October 9th, 2026
Red Blue Translator
Arab Spring
More News about Middle East
News from the Left
News from the Center
News from the Right
Fox News Digital