The money has become a sticking point in talks, with Iran insisting that meaningful negotiations cannot begin without the funds’ release.
The White House immediately dismissed the report, which detailed terms for reopening the Strait of Hormuz, as a “complete fabrication.”
Israel has intensified its deadly military campaign against Hezbollah, the Iran-backed militant group, in recent days, striking targets across Lebanon.
The warnings came after U.S. forces struck military sites in Iran. Secretary of State Marco Rubio said on Tuesday that negotiations to end the war were continuing.
President Trump’s proposal to end the war with Iran would delay tackling the most contentious issues — a tactic that has had mixed results in Gaza.
Aspects such as drone technology and diplomacy show how the wars intersect on the battlefield and in global alignments, providing a model for future conflicts.
After the prime minister made the announcement, the Israeli military said it had struck more than 70 Hezbollah sites in the past day.
President Trump had sought to force Tehran to accept American demands for a peace deal with a mixture of threats and military operations.
Lawmakers, including some of President Trump’s closest allies, slammed the emerging agreement as effectively undermining the president’s own war goals.
President Trump says the U.S. and Iran could be close to a peace deal. The big issues at stake include the fate of Iran’s nuclear program and reopening the Strait of Hormuz.