Financial Times reports the Trump administration has agreed under a temporary
accord to allow Iran to access $6 bln of oil revenues held in Qatar to purchase
US humanitarian and other non-sanctioned goods. The funds will be released in
phases during a 60-day ceasefire-extension and are conditional on reopening the
Strait of Hormuz and progress toward a final settlement. A diplomat said the
money may be spent only on US products. The White House declined detailed
comment; a US official said Washington would unfreeze portions of the assets
during final negotiations if Iran demonstrates good behavior, citing transfer of
enriched uranium as an example. The administration will also issue waivers to
permit Iranian oil exports and lift a naval blockade of Iranian ports for the
60-day period.
