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Since 1981, after our nations severed diplomatic relations, we've worked through a international tribunal to resolve various claims between our countries. The United States and Iran are now settling a long-standing Iranian government claim against the United States government. Iran will be returned its own funds, including appropriate interest but much less than the amount Iran sought. With the nuclear deal done, prisoners released, the time was right to resolve this dispute as well.

Statement by the President on Iran, obamawhitehouse.archives.gov. January 17, 2016.
Since 1981, after our nations severed diplomatic relations, we've worked through a international tribunal to resolve various claims between our countries. The United States and Iran are now settling a long-standing