The US and Iran agree to a deal for detained Americans in exchange for $6 billion in frozen funds

The Biden administration agreed Monday to release about $6 billion in Iranian assets in exchange for the release of five American citizens held for years by the theocratic government in Tehran.

The hostages were brought under house arrest from Iran’s notorious Evin prison last month, in what the White House welcomed as a preliminary first step after negotiations concluded.

Siamak Namazi
Namazi is one of several US citizens held for years by the theocratic Tehran government.
Handout for the family

Morad Tahbaz
Morad Tahbaz is one of five US citizens detained in Tehran.
Handout for the family

Human rights lawyer Jared Genser had identified three of the five hostages as Siamak Namazi, businessman Emad Shargi and environmentalist Morad Tahbaz.


JACLYN DIAZ is a USTimeToday U.S. News Reporter based in London. His focus is on U.S. politics and the environment. He has covered climate change extensively, as well as healthcare and crime. JACLYN DIAZ joined USTimeToday in 2023 from the Daily Express and previously worked for Chemist and Druggist and the Jewish Chronicle. He is a graduate of Cambridge University. Languages: English. You can get in touch with me by emailing

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