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Iran has formally demanded the return of its frozen assets and compensation for war-related damages ahead of direct talks with the United States in Islamabad, mediated by Pakistan. Iran’s ambassador to the United Nations sent a letter to Secretary-General António Guterres seeking reparations from various countries. Government spokesperson Fatemeh Mahajerani told Russian media that preliminary estimates put the losses at around $270 billion, covering infrastructure damage and industrial shutdowns.

According to Iranian state and semi-official media, billions of dollars in Iranian assets have been frozen worldwide since the 1979 Islamic Revolution, initially under an executive order by US President Jimmy Carter. Although partial returns occurred under the 1981 Algiers Accords and the 2015 nuclear deal, most funds remain inaccessible. The 2023 prisoner swap with the US briefly allowed Iran limited access to $6 billion in oil revenue held in Qatar, but that access was later suspended after renewed conflict.

Iranian officials have stated that the release of frozen assets is a non-negotiable condition for progress in any future negotiations with the United States.

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