Iran and South Korea have agreed on a plan to release funds frozen in South Korean bank accounts and subject to U.S. economic penalties, despite President Biden’s refusal to ease sanctions on the regime prior to possible nuclear talks.
The situation has united some Republican and Democratic foreign policy experts who have served recent presidents. They are advising the new U.S. commander in chief to avoid giving Tehran a sense it can take control of other vessels in order to stuff its coffers with other frozen monies.
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