local
Iran’s president says $6B in frozen assets in Qatar to be released as US talks challenged
By ABC at KSTP 5 Eyewitness News (ABC)
· June 29, 2026
· 3 min read
DUBAI, United Arab Emirates (AP) — Iran’s president said Monday that $6 billion in frozen Iranian assets would be released by Qatar as negotiations with the United States were challenged by attacks across the Persian Gulf this weekend.
Masoud Pezeshkian ‘s mention of the funds appear aimed at se...
Key takeaway Iran launched drone and missile attacks targeting Bahrain and Kuwait on Sunday.
Why this matters in The Minneapolis
The release of $6 billion in frozen Iranian assets, as announced by Iran's president, may have implications for the Twin Cities' business community, particularly those involved in international trade and energy. Minnesota is home to several major companies with global operations, and any shifts in the global energy market could impact their operations and bottom line. Additionally, the University of Minnesota and other local institutions have research partnerships and collaborations with international organizations, which could be affected by changes in the global economic landscape. As the situation in the Persian Gulf continues to unfold, local businesses and institutions will be watching closely to see how the release of these funds and the ongoing negotiations between the US and Iran will impact their operations and the broader economy. The potential for disruptions to global energy supplies and trade routes could have far-reaching consequences for the local economy.
About this story
Original reporting by KSTP 5 Eyewitness News (ABC) . The Minneapolis surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KSTP 5 Eyewitness News (ABC) . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: June 29, 2026 ·
Source: KSTP 5 Eyewitness News (ABC) ·
Reading time: 3 min
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Frequently asked about this story
What is this story about? DUBAI, United Arab Emirates (AP) — Iran’s president said Monday that $6 billion in frozen Iranian assets would be released by Qatar as negotiations with the United States were challenged by attacks across the Persian Gulf this weekend.
Masoud Pezeshkian ‘s mention of the funds appear aimed at se...
When was this published? This article was first published on June 29, 2026 by KSTP 5 Eyewitness News (ABC) and curated for The Minneapolis readers.
Who reported this story? This story was reported by ABC at KSTP 5 Eyewitness News (ABC). To learn more about how The Minneapolis selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The Minneapolis, or browse our daily briefing and topic hubs .
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