Which countries hold Iran’s $100 bn frozen funds?

Iran’s frozen assets abroad have turned into a huge controversy right now, especially with the ongoing clash between Iran and the United States, plus any potential negotiations on the horizon.

More than $100 billion of Iranian assets are frozen in various countries, with access restricted.

These are funds Iran got from oil sales and other sources, but got stuck in foreign banks because of US and international sanctions.

Sanctions on Iran kicked off after 1979, and got even tougher over the nuclear program.

Reports show Iran has at least $20 billion tied up in China, $7 billion in India, $6 billion in Iraq, $6 billion in Qatar, $1.5 billion in Japan, and roughly $2 billion in the United States, including some in European countries.

These assets mean everything to Iran – the economy’s been hurting bad for years from sanctions, with inflation skyrocketing and the currency tanking. Unfreezing them could give a real boost to get things back on track.