Factbox-Iran prisoner swap for $6 billion in spotlight after Hamas attacks Israel

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WASHINGTON - The Palestinian group Hamas's surprise assault on Israel Saturday and Israel's retaliation have killed more than 1,100 people and focused attention on the Iran-backed Islamist group.

Blinken also said he had"not yet seen evidence that Iran directed or was behind this particular attack, but there’s certainly a long relationship."In August, details were made public of a complicated agreement that President Joe Biden approved. Five U.S. citizens detained by Tehran were allowed to leave the country in exchange for the transfer of $6 billion in Iranian funds that had been frozen in South Korea.

Under the terms of the Iran prisoner deal, the money can only be used for humanitarian-related purposes, including purchasing food or other goods outside Iran for import, U.S. officials said. Because of due diligence requirements related to the swap,"It will take many months for Iran to spend down this money," a State Department spokesperson said."And, as we've said many times, it can only be used to purchase food, medicine, medical devices, and agricultural products for the people of Iran.

 

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