World Court rules US illegally froze some Iranian assets

FILE PHOTO: General view of the International Court of Justice (ICJ) in The Hague, Netherlands December 11, 2019. REUTERS/Yves Herman/File Photo

THE HAGUE (Reuters) - In a partial victory for Iran, judges at the International Court of Justice (ICE) on Thursday ruled Washington had illegally allowed courts to freeze assets of some Iranian companies and ordered the United States to pay compensation, the amount of which will be determined later.

However, in a blow for Tehran, the World Court said it did not have jurisdiction over $1.75 billion in frozen assets from Iran's central bank.