Politics

Iran State Tv Reports Biden-Era ‘Swap’ with Billions More Than Obama’s $400 Million Cash Payment, US Denies

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The Biden administration will give Iran $7 billion as part of a deal to free prisoners held by Iran, according to Iranian State TV.

Not so, replied the Biden administration, which is in talks with Iran to revive the nuclear deal reached by former President Barack Obama with Iran.

“The Americans accepted to pay $7 billion and swap four Iranians who were active in bypassing sanctions for four American spies who have served part of their sentences,” Iranian state TV said, quoting an official it did not name, according to The Associated Press.

Iranian state TV said a British prisoner would also be freed as part of another deal.

“Release of Nazanin Zaghari in exchange for UK’s payment of its 400 million pound debt to Iran has also been finalized. The source also said the Biden administration has agreed to pay Iran $7 billion,” it said, according to Reuters.

Two members of the Biden administration said the report was wrong.

“Reports that a prisoner swap deal has been reached are not true,” State Department spokesman Ned Price said, according to the AP.

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