Capture of American Hostages
On November 4, 1979, 500 Iranians stormed the American Embassy and took 90 employees and visitors captive. They later released non-Americans, women and African-Americans, and held the 52 remaining Americans hostage for 444 days. The Americans would hold an embargo against Iran and demanded that the hostages be freed. Iran demanded unblocking of Iran's frozen assets in the United States ($24 billion) to release the hostages. Iran also demanded U.S. based Shah of Iran to be arrested and given back to Iran. They would later agree to accept $8 billion in frozen assets in exchange for the release of the hostages.
In 2000, the former hostages sued the Iranian government for state sponsored terrorism under the 1996 Antiterrorism Act. They would win the suit but would not be awarded damages because of a 2002 judgment that the terms of their release barred awarding any damages.
Read more about this topic: Iran And State Terrorism
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