Qatar says frozen Iranian funds remain on hold

Published on: July 1, 2026 5:00 PM

Qatar has confirmed that the $6 billion in frozen Iranian funds remains withheld, dismissing reports that the assets have already been transferred to Tehran and stating that any future release depends on progress in ongoing negotiations between the United States and Iran.

In a statement issued by Qatar’s Ministry of Foreign Affairs, officials said the issue of the frozen funds remains directly linked to diplomatic discussions between Washington and Tehran. The ministry stressed that any transfer of the assets would require the agreement of both sides and would only take place if negotiations advance.

According to the statement, US officials Steve Witkoff and Jared Kushner are expected to travel to Doha for meetings with mediators as efforts continue to facilitate dialogue between the two countries. The ministry added that technical-level discussions between US and Iranian representatives have continued without interruption, with Qatar maintaining its role as a mediator.

The ministry also addressed reports claiming that the funds had already been released, categorically rejecting those assertions and reiterating that no transfer has taken place.

Separately, Qatar highlighted the strategic importance of the Strait of Hormuz, describing the restoration of normal shipping through the vital waterway as a key regional priority. It said Doha is working closely with Oman to ensure safe maritime navigation, including coordinating mine-clearance efforts following recent regional tensions.

Qatar welcomed France’s participation in mine-clearing operations and said maintaining freedom of navigation through the Strait of Hormuz remains essential for all Gulf states. The ministry emphasised that any disruption to maritime traffic is unacceptable given the waterway’s significance for global energy supplies and international trade.

Officials added that diplomatic efforts are focused on reducing regional tensions and restoring stability after the recent conflict. According to the ministry, direct communication channels remain active to help prevent further escalation while negotiations between the United States and Iran continue.