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April 18, 2014 3:33 pm
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Obama Administration Releases $450 Million in Iranian Assets as Part of Nuclear Deal

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The Arak IR-40 heavy water reactor in Iran. Photo: Nanking2012 / WikiCommons.

The Arak IR-40 heavy water reactor in Iran. Photo: Nanking2012 / WikiCommons.

Times of Israel – The United States has authorized the release of a $450 million installment in Iranian assets that were frozen as punishment for Tehran’s disputed nuclear program, the State Department said Thursday.

It came after a new report by the UN’s nuclear watchdog found that Iran was complying with the terms of a November interim deal with world powers calling for a partial freeze to its controversial nuclear drive.

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