U.S. to Release $10 Billion to Iran

The United States is trying to help Iran access $10 billion of frozen assets, according to Iran International, citing an anonymous source. The funds are reportedly held in Iraq and South Korea, which are barred by U.S. sanctions from making dollar transfers to Iran.

Iraq and South Korea owe Tehran money on imports of oil, natural gas and electricity, which were purchased before the sanctions took effect. The U.S. is discussing ways to release these funds, according to a report by Korea Economic Daily.

South Korea, which has no international oil or natural gas pipelines and relies on imports for fuel, wants to strengthen its ties with Tehran. A Seoul government official told the newspaper, “If all goes to plan, we expect our strained relationship with Iran to improve significantly.”

Stipulations: If the U.S. were to release the assets, it would be under strict condition that the funds be used only for public purposes (e.g. United Nations dues, covid-19 vaccine purchases), according to diplomatic and government sources.

Iran International’s source indicated that the deal would include the release of several Americans with dual citizenship being held hostage in Iran on charges of espionage.

They also said that Tehran is expected to “show more flexibility” in its nuclear program in exchange for the funds. Some media outlets report that this would entail Iran halting enrichment of uranium.

However, Iran shows no signs it would agree to such a stipulation. The Wall Street Journal reported yesterday that Iran’s stockpile of highly enriched uranium actually grew by over 25 percent over three months this year, which it can quickly convert into a nuclear weapon.

Another foreign-policy blunder: America has a recent history of lopsided deals with Iran, Trumpet editor in chief Gerald Flurry explains in his booklet The King of the South. The U.S. and European Union lifted sanctions on Iran in January 2016 and released over $100 billion in frozen assets, without receiving anything in exchange.

Mr. Flurry writes, “Without giving in on anything, Iran was given all it needed to accelerate its race toward acquiring the nuclear bomb.”

The current talks reveal how America’s pride in its power is broken (Leviticus 26:19) and show how the head of the king of the south, Iran, is rising (Daniel 11:40).

Mr. Flurry warns, “[N]uclear warfare is near! It is prophesied over 100 times in Bible prophecy. And Mr. Obama helped pave the way for these horrifying prophecies to be fulfilled!” However, tremendous hope lies beyond these terrifying prophecies. To prove where these end-time events are leading and the identity of these modern powers, request a free copy of The King of the South.