US reportedly persuaded Qatar to halt $6bn to Iran in breach of deal

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US reportedly persuaded Qatar to halt $6bn to Iran in breach of deal
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Report comes amid pressure for Biden to deny Iran revenues amid speculation over how big a role Tehran played in Hamas attack

has persuaded Qatar to withhold the funds in breach of a previous agreement following the devastating attack by the Palestinian group Hamas on Israel.

“CBS News has learned that the US reached a ‘quiet understanding’ with Qatar not to release any of the $6bn in Iranian oil money that was transferred as part of a US-Iranian prisoner swap,” the network’s chief White House correspondent, Nancy Cordes wrote on X, the social media platform previously known as Twitter.

The administration’s signals appeared designed to dampen controversy surrounding the funds – frozen as a result of sanctions imposed by the Trump administration in 2019 – after five Democratic senators demanded they be re-frozen in the wake of the Hamas assault, which has so far left 1,300 dead in “The regime was never going to see a dime of that money. This account was set up by the previous administration for this exact purpose. We have done nothing different. All that we have done is just moved the money from South Korea – where it was inaccessible – to Qatar, where it’s more accessible.”

Amid suggestions that the assault’s unprecedented magnitude and sophistication would surely have needed an Iranian hand, US intelligence agencies have said they have discovered no evidence of this. Instead, officials have cited early indicators that Iran had no advance knowledge of the attack and was taken by surprise, a view greeted by widespread scepticism among Republicans.

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