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Iran agrees to UN nuclear inspections, US to unfreeze $12bn in funds after talks

Following successful technical talks in Switzerland, Iran has agreed to allow UN nuclear inspectors back, with the US reportedly set to unfreeze $12 billion in Iranian funds.

By World Brief · 2026-06-22
Iran agrees to UN nuclear inspections, US to unfreeze $12bn in funds after talks

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Following intensive technical negotiations held recently in Switzerland, Iran has reportedly agreed to reinstate access for UN nuclear inspectors. This diplomatic breakthrough comes alongside a commitment from the United States to unfreeze $12 billion in Iranian assets, a move intended to ease economic pressures.

The discussions, mediated by countries like Pakistan and Qatar, also saw the US temporarily waive sanctions on Iranian oil and petrochemical sales until August 1st. While both sides have hailed progress, particularly in de-escalating regional tensions, disagreements persist regarding the specific conditions for Iran's utilization of the unfrozen funds.

Iranian officials emphasize their sole discretion over how the released funds will be spent, directly contradicting US suggestions that the money should be used for American agricultural products. These agreements form part of a nascent peace deal aimed at resolving broader conflicts in the Middle East.

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