In 2016, the U.S. Supreme Court ordered nearly $2 billion in assets of Iran’s state bank, frozen in the U.S., to be paid as compensation to relatives of victims of attacks linked to Iran.

UN high court finds US seizure of Iranian assets violated treaty

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International Court of Justice orders US to compensate Iran for frozen assets

ICJ judgments are legally binding, however, the court has no means of enforcing them. Previously, both the US and Iran have ignored the court’s judgments.

US Hails ICJ Ruling On Iran Assets As ‘Major Victory’

“The court’s decision today rejected the vast majority of Iran’s case, including notably Iran’s claims on behalf of Bank Markazi,” said acting legal adviser Rich Visek of the US State Department.