Iranian President Masoud Pezeshkian on Monday (June 29) said that $6 billion of Iran's frozen assets held in Qatar would be released, according to Iranian state media.

The announcement came after a memorandum of understanding (MoU) between the United States and Iran eased sanctions on Tehran's oil and petrochemical sectors. Pezeshkian described the move as "a great victory" for the Iranian people.

Iran announces release of frozen funds

The funds are part of a total $12 billion in Iranian assets frozen in Qatar.

"Based on the plans made, $6 billion out of the total $12 billion of Iranian resources in Qatar will be released and returned to the country, and necessary follow-ups are being carried out," Pezeshkian was quoted as saying by the state-run IRNA news agency.

According to the Associated Press (AP), Pezeshkian is the highest-ranking Iranian official to publicly refer to the release of the funds. However, US officials have maintained that no frozen Iranian assets have been released so far.

US-Iran technical talks expected to continue

Meanwhile, US and Iranian negotiators are working on implementing the truce deal. According to a Reuters report citing a source, officials from both sides are expected to meet in Doha in the coming days, with mediators maintaining communication channels to help de-escalate tensions. Technical discussions are set to continue despite the recent exchange of military strikes.

Pakistan, which has been involved in mediation efforts, said negotiations between the United States and Iran are expected to resume on Tuesday based on the interim agreement. The Trump administration said on Sunday that technical talks remained on schedule and that no meetings had been cancelled. Iran, however, has not confirmed whether it will participate.

Trump disputes Iran's claims

Pezeshkian's statement stands in contrast to comments made by US President Donald Trump, who said Iran had entered negotiations "out of desperation" and insisted Tehran would receive "not ten cents" during the 60-day negotiation period.

Writing on Truth Social, Trump also claimed the conflict had severely weakened Iran's military, saying the country had lost much of its air force, navy, air defence systems and radar capabilities.

Regional tensions continue despite truce

The announcement came a day after Iran launched drone and missile attacks targeting Bahrain and Kuwait following fresh US airstrikes on Iranian targets. Tehran also warned that it would completely halt negotiations if Washington continued military operations.