Iran to Access $7b in Blocked Assets

Iran will soon be able to access billions blocked in overseas banks, namely in South Korea, local media said, citing unnamed officials.
Reports about the release were first published by IRNA, the state news agency, on Wednesday. Later other news outlets, including the state-owned broadcaster IRIB, reported the same.  
On Thursday IRNA gave an update on the much anticipated unlocking of the forex reserves putting the amount at $7 billion, which equals assets blocked in South Korea. 
It said the release has been worked out in a deal as per which the money will be deposited into an Iranian bank account.