U.S. reaches 'quiet understanding' with Qatar not to release $6 billion in Iranian oil revenues

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U.S. reaches 'quiet understanding' with Qatar not to release $6 billion in Iranian oil revenues
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White House national security spokesman John Kirby says that 'the regime was never going to see a dime of that money.'

The U.S. has reached a 'quiet understanding' with Qatar not to release any of the $6 billion in Iranian oil revenues that was unfrozen as part of the prisoner swap last month, a source with knowledge of the arrangement told CBS News.Deputy Treasury Secretary Wally Adeyemo informed House Democrats of that understanding in a closed-door meeting Thursday morning.

The Biden administration has said that the money would not be given directly to Iran and that it could only be used to fund Iran's purchases of humanitarian goods, such as food and medicine, though Iran's president has said he would decide how to spend the previously frozen funds.In his closed-door meeting with the House Democrats, Adeyemo said the $6 billion 'isn't going anywhere anytime soon.' His comments were first reported by Punchbowl News.

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