“My purpose was… to send a signal that the United States was prepared to replace the animosity between [the U.S. and Iran] with a new relationship… At the same time we undertook this initiative, we made clear that Iran must oppose all forms of international terrorism as a condition of progress in our relationship. The most significant step which Iran could take, we indicated, would be to use its influence in Lebanon to secure the release of all hostages held there.”
US President Ronald Reagan
(November 13 1986)

November 3 2025 — On November 3 1986, the Lebanese magazine Ash-Shiraa exposed the Iran–Contra scandal. Senior administration officials secretly facilitated the sale of arms to Iran, which was the subject of an arms embargo. They hoped, thereby, to fund the Contras in Nicaragua while at the same time negotiating the release of several U.S. hostages. Under the Boland Amendment, further funding of the Contras by the government had been prohibited by Congress. This affair is usually regarded as one of the most important scandals in US modern history. Follow us on Twitter: @INTEL_TODAY
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