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Photo: Reuters, Arab networks

Gulf Tensions: Iran Claims Qatar Released Billions

Shira Sherman

By: Tzion Banjo

Editor: Shira Sherman

14 Tammuz 5786 (29.06.26)

Iranian President Masoud Pezeshkian claims that $6 billion in Iranian funds held in Qatar are set to be released. However, Washington and Qatar have not confirmed the transfer, and significant uncertainty surrounds the continuation of talks between the countries.


Iranian President Masoud Pezeshkian said today (Monday) that $6 billion out of a total $12 billion in Iranian assets held in Qatar are set to be released and returned to the country. Pezeshkian is the most senior official to date to address the release of these funds, calling the memorandum of understanding “a great victory for the Iranian people.”

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Photo: Shutterstock

The statement comes against a backdrop of peak tensions in the Gulf, including Iranian attacks on ships and tankers in the Strait of Hormuz, as well as drone and missile strikes Iran carried out against Bahrain and Kuwait on Sunday. These Iranian actions led to retaliatory U.S. airstrikes.

In reality, there’s significant uncertainty surrounding the accuracy of the claims: U.S. officials said no frozen Iranian assets have been released, and Qatar—serving as a key mediator—has not confirmed any transfer of funds either. The situation is further complicated by the fact that Iran attacked a Qatari crude oil tanker over the weekend during the Gulf exchanges of fire.

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Photo: Reuters

Meanwhile, confusion reigns over the continuation of negotiations between Iran and the United States. While Pakistan, another mediator, claimed talks would resume Tuesday, and the Trump administration announced that technical talks are on track, Kazem Gharibabadi, a senior Iranian negotiator, denied that any talks are scheduled. Gharibabadi clarified that while regular consultations with Qatar continue, media reports about technical talks by working groups in Doha are not confirmed.