The Biden administration is holding indirect discussions with Iran on a possible prisoner exchange to secure the release of American citizens imprisoned in Iran, with Qatar and the United Kingdom playing an intermediary role in the talks, according to NBC news channel.
It quoted four unnamed sources saying that the negotiations made progress, but it remains unclear if a final agreement would be reached.
Three sources with knowledge of the talks said the two sides were exploring a formula that has been discussed previously, dating to 2021, that could include a possible prisoner exchange and the release of billions of dollars in funds in South Korean banks currently blocked by US sanctions.
The proposed formula would allow Iran access to the funds but only for purchasing food, medicine, or other humanitarian purposes, following the existing US sanctions against Iran.
The…
