Iranian President Masoud Pezeshkian announced Monday that $6 billion of Iran’s frozen assets will be released and returned through Qatar, and confirmed that oil and petrochemical sanctions have been lifted under the peace deal, which he called a “great victory” for the Iranian people, reported Mehr News. Speaking during a visit to Qom, Pezeshkian said the $6 billion is part of a total of $12 billion in Iranian funds held in Qatar, with follow-up underway for the return of the remaining portion. A senior Iranian source told Reuters that Doha and Tehran were in the final stages of agreeing on technicalities for the release of the first $6 billion of frozen assets, which he said would be issued in two tranches.