Iran: Part of $4.2 billion cut off by sanctions now in Tehran's hands - CNN.com

Iran: Part of $4.2 billion cut off by sanctions now in Tehran's hands - CNN.com:



"Iran has received the first part of its $4.2 billion in oil funds that had been frozen overseas due to sanctions, the country's state-run Press TV reported.



In November, Iran and six world powers reached an interim deal under which Iran agreed to limit its nuclear program in exchange for an easing of economic sanctions.



The six world powers, called the P5+1, include the five permanent members of the U.N. Security Council -- the United States, Britain, China, Russia and France -- as well as Germany



According to the semi-official Iranian Students News Agency, the first installment amounts to $550 million.



CNN was trying to reach representatives of the P5+1 countries for confirmation Sunday."



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