Iran has commenced formal legal proceedings against South Korea as Seoul refuses to release billions of dollars worth of Iranian funds on the pretext of US sanctions.

Iran’s ambassador to the UN has called for the unconditional release of frozen Afghan central bank funds in order to enable the war-ravaged country deal with its worsening economic and humanitarian crises.

Protests against US President Joe Biden’s move to confiscate foreign reserves of Afghanistan and distribute them among the families of 9/11 victims have spread across the crisis-stricken country.

Pressure is mounting on the Joe Biden administration to unfreeze Afghanistan’s assets and to remove hurdles in the delivery of aid to millions of people teetering at the brink of starvation and death.

The South Korean embassy’s donation of 2,000 face masks to a private Iranian hospital has caused an uproar among Iranians as Seoul refuses to release frozen assets worth billions of dollars.

Amir-Abdollahian warns that Tehran will not stop the Central Bank of Iran (CBI) from filing a lawsuit against South Korea over the freezing of Iranian assets in its banks under US pressure if Seoul fails to take practical strides to unblock the funds.

Nicolas Maduro said over 85 percent people in Venezuela are against the US sanctions slapped on the country, including the freezing of its assets overseas.