The DispatchThe Dispatch

Incentivizing more Iranian terrorism

By Charlotte Lawson

16 Aug 2023 · 3 min read

informed Summary

  1. The U.S. has released over $6 billion in frozen funds to Iran in exchange for the release of several wrongfully detained American-Iranian dual nationals. The funds are supposedly restricted to humanitarian uses, but there are concerns that they may be used to finance terrorism and fuel repression within Iran.

More than $6 billion in unfrozen funds are headed for Iranian coffers in exchange for the release of several American-Iranian dual nationals who were wrongfully detained. American officials insist the cash is restricted to humanitarian uses, but history indicates the agreement will likely finance terrorism abroad and fuel repression in Iran—all while encouraging more hostage-taking gambits.

Iranian authorities have already touted the $6 billion in oil revenues, which they claim to have the freedom to spend as they see fit. “The process of releasing billions of dollars from the assets of the Islamic Republic of Iran, which were illegally seized in South Korea by the United States for several years, has begun,” Iran’s foreign ministry said in a statement. “The decision on how to utilize these unfrozen resources and financial assets lies with the Islamic Republic of Iran.”

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