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US Paid Iran $400M as Tehran Freed 4 American Hostages

The United States airlifted $400 million in foreign currencies to Iran in January to partially settle a decades-old dispute over an aborted arms deal. On the same day, Tehran released four American hostages, but Washington is denying the exchange amounted to a ransom payment. The U.S. stacked the cash — in euros, Swiss francs and other currencies — on wooden pallets and flew it into Iran on an unmarked cargo plane. It was the first installment on a $1.7 billion settlement stemming from...

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