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Setback for Iran as US court orders $1.68 billion payout for 1983 Beirut bombing

One analyst told Al-Monitor that the families of the US Marines killed in the attack could finally receive compensation following years of legal battles.

A US judge ordered Iran on Wednesday to pay nearly $1.7 billion to the families of US soldiers killed in the 1983 Beirut bombing. The ruling may be appealed, but the order constitutes a legal setback for the Iranian government and could further damage US-Iran relations. 

Background: Reuters reported that judge Loretta Preska in the US District Court in the Southern District of New York ordered Iran’s central bank and the Luxembourg-based Clearstream Banking SA to pay $1.68 billion to the families of the US Marines who died. Clearstream is currently holding the relevant assets in a fund. 

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