US Treasury Secretary says unfrozen Iranian funds to be 'recycled into US products'

Iran Herald · June 24, 2026 Sanctions

Washington DC [US], June 24 (ANI): US Treasury Secretary Scott Bessent has insisted that a large portion of unfrozen Iranian assets would go towards purchasing US food and medicine, despite claims from Iranian officials that they have made no such commitment. Speaking to CNBC, Bessent declared, 'Any money that the Iranians get is going to be used, first, for the benefit of the Iranian people.

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