EVENT INFORMATION

14
November
1979

The United States freezes Iranian government assets

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๐Ÿ“… 14 November 1979 ๐Ÿ“ Iran

President Jimmy Carter issued Executive Order 12170, blocking Iranian government and central-bank property under US jurisdiction. The order followed the embassy seizure. It made the rupture materially economic and established an emergency-sanctions framework that continued through later policy changes.

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People in this event

Jimmy Carter

Iranian officials

Iranian depositors and institutions

Organizations in this Event

United States

Iran

US Treasury