World Court says US broke treaty in freezing some Iran assets, orders compensation

The World Court ruled on Thursday that the United States violated international law in freezing some Iranian assets, and ordered compensation, the sum of which will be determined in a later phase.

The case before the ICJ, also known as the World Court, was initially brought by Tehran against Washington in 2016 for allegedly breaching a 1955 friendship treaty by allowing U.S. courts to freeze assets of Iranian companies. The money was to be given in compensation to victims of terrorist attacks.