US unfreezes major Iranian assets during talks over Hormuz

ALBAWABA - According to a senior Iranian source, the United States has consented to unfreeze Iranian financial assets stored overseas, which is viewed as a possible step toward furthering the two sides' continuing conversations.

Speaking to Reuters, the person characterized the action as a show of goodwill and perhaps a step closer to a more comprehensive deal.

Associated with Hormuz Security

According to officials, the release of assets is contingent upon assurances of safe passage through the Strait of Hormuz, a vital conduit for the world's oil supply. It is anticipated that the topic will be at the center of the current debates.

High-Level Discussions in Progress

For talks to put a stop to weeks of fighting, senior officials from both nations have traveled to Islamabad. Iran is represented by Foreign Minister Abbas Araghchi and Parliament Speaker Mohammad Bagher Ghalibaf, while the United States is led by Vice President J.D. Vance and key advisors.

Pakistan, which is hosting the negotiations, has stated that it is hopeful about fostering a positive conversation that may result in a long-term solution.

IRAN ASSETS: US UNFREEZES IRANIAN FUNDS. 🇮🇷

US move indicates Washington's "SERIOUSNESS" in Islamabad talks. Funds linked to SAFE PASSAGE via Strait of Hormuz. 🤝🌊#IranDeal #StraitOfHormuz

— OSN - Observer Security Network (@OSN_Reports) April 11, 2026

There Is Still Uncertainty

Iran has insisted that talks cannot move further without further guarantees, such as agreements for Lebanon and sanctions, despite the apparent agreement on asset release.

As both parties negotiate difficult circumstances amid persistent regional tensions, the talks represent one of the highest-level interactions between Washington and Tehran in recent years.