U.N. court rules it has jurisdiction to hear Iran claim against U.S. over assets

AMSTERDAM (Reuters) – Dismissing U.S. objections, judges at the International Court of Justice on Wednesday ruled that the U.N. body has jurisdiction to hear a claim by Iran to recover $1.75 billion in assets frozen by Washington.

Iran has argued that sanctions imposed in May by the administration of U.S. President Donald Trump violate terms of a 1955 Treaty of Amity between the two countries, which Washington has said it will back out of.

Reporting by Anthony Deutsch; Editing by Alison Williams

Heard from feeds.reuters.com/~r/Reuters/worldNews/~3/W_YmcUo2Gd8/u-n-court-rules-it-has-jurisdiction-to-hear-iran-claim-against-u-s-over-assets-idUSKCN1Q21WP

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