Israel Holding Over $250m It Owes Iran for Oil in Secret Account

A secret government bank account holds funds Israel owes Iran for oil it received before the 1979 revolution. Israel refuses to reveal who has been depositing money into and withdrawing money from the account.

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Israel’s most mysterious bank account has been managed for 30 years in the Bank of Israel. It contains money that Israeli bodies owe to National Iranian Oil Co. for crude oil supplied before the Islamic...