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Posts tagged as “Xiyue Wang”

Biden Administration Takes Major Step Towards Release of Five American Citizens Detained in Iran with Sanctions Waiver

The Biden administration has taken a major step towards the release of five American citizens detained in Iran by issuing a sanctions waiver for international banks to transfer $6 billion in frozen Iranian money. This is part of a larger agreement between the U.S. and Iran that will also see the release of five Iranian citizens held in the U.S. The family of one of the prisoners, Xiyue Wang, is cautiously optimistic about the news of the sanctions waiver, and the U.S. and Iran are making progress towards a resolution.