South Korea's Prime Minister Chung Sye-kyun affirms that the country should "quickly" return billions of dollars of frozen money to Iran as tensions between the two countries ease.

Russia warns the United States "not to play with fire," after Washington imposed sanctions against Russian individuals and entities over the case of opposition figure Alexei Navalny.

The US reportedly agrees in principle to South Korea’s partial release of some $7 billion in frozen Iranian assets.

Iran calls on South Korea to redouble efforts to secure its access to its assets frozen in the East Asian country’s banks.

Iran's foreign minister has called on Japan to unfreeze Iran’s assets blocked in Japanese banks due to the US sanctions, and also persuade newly inaugurated US President Joe Biden to lift the bans imposed on Iran.

A South Korean official says his country is finalizing talks with US on Iran’s payment of UN dues through its frozen assets.

The US government says it has seized $7 million in Iranian assets for “victims of terrorism”.

South Korea is to send a delegation to Iran to resolve the issue surrounding the seizure of MT Hankuk Chemi tanker for polluting Persian Gulf waters.

Iran asks Japan to counter US move to block Tehran's access to its overseas funds.

Iran says the US needs to block its frozen assets in other countries so that Tehran can buy food and medicine for its people.