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Iran Claims Partial Release of Frozen Assets, Oil Export Concessions After Switzerland Talks

Monday, 22 June 2026

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Iran Claims Partial Release of Frozen Assets, Oil Export Concessions After Switzerland Talks

Strait of Hormuz Blockade Lifted, Lebanon to Test Deconfliction Deal: Araghchi

BERN: Iranian Foreign Minister Abbas Araghchi on Monday claimed that Tehran had secured partial access to its frozen assets and obtained concessions on oil and petrochemical exports after talks in Switzerland facilitated by Pakistan and Qatar, describing the developments as a significant step forward for the country's economy.

According to Araghchi, the blockade on the Strait of Hormuz has also been lifted. He said that Lebanon would serve as the first major test of the deconfliction cell agreement.

The Iranian foreign minister announced that a major plan for the country's development and reconstruction would soon be launched. He also praised the tireless mediation efforts of Pakistan and Qatar, acknowledging their role in facilitating diplomatic engagement.

Araghchi said that from the football field to the negotiating table and the battlefield, the struggle to defend the dignity and honor of the Iranian people had continued on every front. He stressed that safeguarding national dignity remains the foremost priority and that the pride and prosperity of the Iranian people are at the heart of Iran's efforts.

 

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