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US and Iran Sign Deal as Trump Pledges to Release Frozen Funds and Ease Sanctions

6/21/2026

The United States and Iran have signed a diplomatic agreement under which Washington will release frozen Iranian funds and ease sanctions, President Trump announced.

Trump framed the incentives as conditional, saying Tehran would receive them when it "behaves," while the deal explicitly acknowledges that Iran will retain its ballistic missile arsenal.

A Conditional Opening, Not a Clean Slate The structure Trump described is one of carrots held at arm's length.

The release of frozen funds and the rollback of sanctions are positioned as rewards for future Iranian conduct rather than upfront concessions — a framing designed to give Washington ongoing leverage over Tehran's behavior.

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