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Negotiations related to release started during Carter's administration and involved giving the Iranian government $11-12 billion in Iranian assets that Carter had frozen 10 days after the seizure of the U.S. embassy. The Iranians feared having to start over when Reagan took office and were thus willing to release the hostages. They, therefore, released the hostages just as Reagan took power.

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Q: Why did the Iran Hostage Crisis end on the day that Ronald Reagan became President of the US?
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