Iranian state media and other reports say Tehran and Washington are discussing the release of frozen Iranian assets as a central element of a potential interim agreement to end their war-related hostilities. Iranian outlets describe a draft memorandum of understanding that would include releasing about US$12 billion in frozen assets, according to Channel NewsAsia and Vanguard. Separate Iranian reporting cited by outlets including Inquirer.net, NDTV and France 24 says negotiators also seek around US$24 billion in total frozen funds as part of a 14-point framework for an arrangement, which follows US-Israeli airstrikes against Iran on Feb 28. Reuters-linked reporting described in Middle East Eye and other summaries indicates the sides discuss a mechanism to release tens of billions of dollars, with Iranian sources saying Iran wants roughly US$6 billion to US$12 billion released to Tehran, while the US wants staged releases for humanitarian goods and does not propose returning funds outright. The Japan Times also reports US consideration of Iranian assets for Gulf allies’ reconstruction, and multiple outlets note disputed details between the US and Iranian characterisations of the proposals. Overall, sources concur that asset release timing and end-use mechanisms remain key sticking points.