JAKARTA - A proposed mechanism to release some of Iran's frozen funds remains a major obstacle in the final phase of a potential deal between Tehran and Washington, a source familiar with the matter said.
The source told Al Arabiya on Thursday that discussions continue on how some of the frozen Iranian funds will be handled, adding that the deal is in its final stages, as quoted (4/6).
The source also said US President Donald Trump had told the mediators that he refused to release any funds to Iran before the deal was signed.
"One of the proposals currently being discussed is the establishment of a special fund to store frozen Iranian assets," the source added.
It is known that the US and Israel launched an attack on the capital Tehran and a number of other cities on February 28, killing Iran's Supreme Leader Ayatollah Ali Khamenei, a number of senior officials and thousands of civilians.
Iran retaliated by launching attacks on Israeli territory and US-related infrastructure in neighboring countries in the Middle East.
The Mullah's state then tightened control over the Strait of Hormuz, through which a fifth of global oil and gas traffic passes, as well as other vital supplies.
The ceasefire with Pakistani intermediaries agreed on April 8, which was later extended, eased tensions despite still being engaged in mutual attacks, and paved the way for negotiations.
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