{"id":62420,"date":"2023-09-18T08:31:00","date_gmt":"2023-09-18T12:31:00","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/commodities\/timeline-u-s-iran-relations-from-1953-coup-to-2023-detainee-swap-deal\/"},"modified":"2023-09-18T08:31:03","modified_gmt":"2023-09-18T12:31:03","slug":"timeline-u-s-iran-relations-from-1953-coup-to-2023-detainee-swap-deal","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=62420","title":{"rendered":"Timeline: U.S.-Iran relations from 1953 coup to 2023 detainee swap deal"},"content":{"rendered":"<div>\n<p>DUBAI (Reuters) &#8211; The United States and Iran are to free five detainees each under an exchange agreement that also involves the transfer of $6 billion of unfrozen Iranian assets from South Korea to accounts in Qatar.<\/p>\n<p>The deal removes one major irritant between Iran and the U.S., whose animosity dates back to the Central Intelligence Agency&#8217;s orchestration of the overthrow of Iran\u2019s popular Prime Minister Mohammed Mossadegh in 1953 and restoration of the Shah, Mohammed Reza Pahlavi, who became a staunch U.S. ally.<\/p>\n<p>Following is a chronology of major events in relations between the Iran and the United States:<\/p>\n<p>1953 &#8211; The CIA helps orchestrate overthrow of Iran\u2019s popular Prime Minister Mohammed Mossadegh, restoring to power Shah Mohammed Reza Pahlavi.<\/p>\n<p>1957 &#8211; The U.S. and Iran sign an agreement on civil nuclear cooperation.<\/p>\n<p>1967 &#8211; The U.S. provides Iran with a nuclear reactor along with weapons-grade 93% enriched uranium fuel.<\/p>\n<p>1968 &#8211; Iran signs the Nuclear Non-Proliferation Treaty which permits it to have a civil nuclear program in return for a commitment not to acquire nuclear weapons.<\/p>\n<p>1979 &#8211; Iran\u2019s Islamic Revolution forces U.S.-backed shah to flee. Ayatollah Ruhollah Khomeini returns from exile and becomes supreme religious guide. Fundamentalist students seize the U.S. Embassy in Tehran and hold staff hostage.<\/p>\n<p>1980 &#8211; The U.S. cuts diplomatic ties with Iran, seizes Iranian assets and bans most trade with Tehran. Hostage rescue mission ordered by President Jimmy Carter fails.<\/p>\n<p>1981 &#8211; Iran releases 52 U.S. hostages minutes after Carter steps down and Ronald Reagan is inaugurated as U.S. president.<\/p>\n<p>1984 &#8211; U.S. lists Iran as a state sponsor of terrorism.<\/p>\n<p>1986 &#8211; Reagan reveals secret arms deal with Tehran in violation of U.S. arms embargo.<\/p>\n<p>1988 &#8211; U.S. warship Vincennes mistakenly shoots down Iranian passenger plane over the Gulf, killing all 290 aboard.<\/p>\n<p>2002 &#8211; President George W. Bush declares that Iran, Iraq and North Korea are an &#8220;axis of evil.&#8221; U.S. officials accuse Tehran of operating secret nuclear weapons program.<\/p>\n<p>2009 &#8211; Britain, France and the United States announce that Iran is building a secret uranium-enrichment site at Fordow.<\/p>\n<p>2012 &#8211; U.S. law gives President Barack Obama the power to sanction foreign banks if they fail to significantly reduce imports of Iranian oil. Iranian oil sales drop, sparking an economic downturn.<\/p>\n<p>U.S. and Iranian officials begin secret talks, which intensify in 2013, on the nuclear issue.<\/p>\n<p>2013 &#8211; Hassan Rouhani is elected Iran\u2019s president on a platform of improving Iran\u2019s relations with the world and its economy.<\/p>\n<p>2015 &#8211; Iran and six major powers reach a nuclear agreement, under which Tehran agrees to curb its nuclear work in return for sanctions relief.<\/p>\n<p>2018 &#8211; President Donald Trump withdraws from the nuclear deal in May, and reimposes crippling economic sanctions on Iran.<\/p>\n<p>2019 &#8211; In April, the U.S. designates the Islamic Revolutionary Guard Corps a &#8220;terrorist organization&#8221;. <\/p>\n<p>In May, Iran says it will increase enriched uranium production, bucking its commitments under the nuclear accord.<\/p>\n<p>In September, Saudi Arabia\u2019s state-run oil company is attacked by drones and missiles believed to be from Iran; Tehran denies involvement.<\/p>\n<p>2020 &#8211; Iran vows harsh revenge after a U.S. air strike in Baghdad kills special forces commander Qassem Soleimani, architect of Iran&#8217;s military influence in the Middle East.<\/p>\n<p>2021 &#8211; U.S. and Iranian officials hold six rounds of indirect nuclear talks in Vienna between April and June. A new round begins on Nov. 29 after a five-month hiatus triggered by the election of Iran&#8217;s hardline president Ebrahim Raisi. <\/p>\n<p>2022 &#8211; Indirect talks between Tehran and Washington stall in September, leading both sides to sketch out steps that could free some detained U.S. citizens and unfreeze some Iranian assets abroad. <\/p>\n<p>2023 &#8211; In August, Iran and the United States agree a swap of detainees and the unfreezing of $6 billion of Iranian assets in South Korea. <\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.investing.com\/news\/commodities-news\/timeline-usiran-relations-from-1953-coup-to-2023-detainee-swap-deal-3176324\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>DUBAI (Reuters) &#8211; The United States and Iran are to free five detainees each under an exchange agreement that also involves the transfer of $6 billion of unfrozen Iranian assets from South Korea to accounts in Qatar. The deal removes one major irritant between Iran and the U.S., whose animosity dates back to the Central [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":651,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[242],"tags":[83],"class_list":["post-62420","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-commodities","tag-featured","post_format-post-format-gallery"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Timeline: U.S.-Iran relations from 1953 coup to 2023 detainee swap deal | iFintechWorld<\/title>\n<meta name=\"description\" content=\"DUBAI (Reuters) - The United States and Iran are to free five detainees each under an exchange agreement that also involves the transfer of $6 billion of\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=62420\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Timeline: U.S.-Iran relations from 1953 coup to 2023 detainee swap deal | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"DUBAI (Reuters) - 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