Report: US airlifted $400 million to Iran as detained Americans were released

August 3, 2016 8:47 AM

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The U.S. government airlifted the equivalent of $400 million to Iran this past January, which occurred as four detained Americans were released by Tehran, the Wall Street Journal reported Tuesday.

The cash transfer was the first installment paid in a $1.7 billion settlement the Obama administration reached with Iran to resolve a failed 1979 arms deal dating from just before the Iranian Revolution.

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