12:05 PM in Tehran
Talks on releasing frozen Iranian funds intensify despite strikes, Reuters says
ReportedDiplomacy & politicsDoha, Qatar
Efforts to reach a preliminary U.S.-Iran deal intensified overnight as negotiators discussed a mechanism to release frozen Iranian funds, Iranian sources and a European official told Reuters; one Iranian source said Iran wanted $6 billion to $12 billion released, while Washington wanted staged releases for humanitarian goods.
Why it matters The money question was one of the main open issues in the memorandum that Trump said that afternoon had been approved.