Foreign Exchange

“As part of the deal, Iran gets access to nearly $6 billion of its oil revenues that have been frozen in a South Korean bank. That money was transferred to accounts in Qatar, and U.S. officials say it will be monitored to make sure it’s used just for humanitarian needs — food, agricultural products, medicine and medical devises — that are not subject to U.S. sanctions.” Iran frees Americans in a swap, gets access to oil money, release of Iranians in US.

+ “Five Americans who had been imprisoned in Iran have been freed and have landed in Doha, Qatar. They are expected to fly to the United States later on Monday.” Here’s the latest from CNN.