The Iran–Contra affair (Persian: ایران-کنترا‎, Spanish: caso Irán-contras), also referred to as Irangate, Contragate or the Iran-Contra scandal, was a political scandal in the United States that came to light in November 1986. During the Reagan administration, senior Reagan administration officials secretly facilitated the sale of arms to Iran, the subject of an arms embargo. Some U.S. officials also hoped that the arms sales would secure the release of hostages and allow U.S. intelligence agencies to fund the Nicaraguan Contras. Under the Boland Amendment, further funding of the Contras by the government had been prohibited by Congress.

The scandal began as an operation to free seven American hostages being held by a terrorist group with Iranian ties connected to the Army of the Guardians of the Islamic Revolution. It was planned that Israel would ship weapons to Iran, and then the U.S. would resupply Israel and receive the Israeli payment. The Iranian recipients promised to do everything in their power to achieve the release of the U.S. hostages. The plan deteriorated into an arms-for-hostages scheme, in which members of the executive branch sold weapons to Iran in exchange for the release of the American hostages. Large modifications to the plan were devised by Lieutenant Colonel Oliver North of the National Security Council in late 1985, in which a portion of the proceeds from the weapon sales was diverted to fund anti-Sandinista and anti-communist rebels, or Contras, in Nicaragua.

Coordinates: 32°N 53°E / 32°N 53°E / 32; 53

Iran (ⁱ/ɪˈrɑːn/ or /aɪˈræn/;Persian: ایران‎ [ʔiˈɾɒn] ( listen)), officially the Islamic Republic of Iran (Persian: جمهوری اسلامی ایران‎ Jomhuri-ye Eslāmi-ye Irān), is a country in Southern and Western Asia. The name "Iran", which in Persian means "Land of the Aryans", has been in use natively since the Sassanian era. It came into use internationally in 1935, before which the country was known to the Western world as Persia ( /ˈpɜrʒə/ or /ˈpɜrʃə/). Both "Persia" and "Iran" are used interchangeably in cultural contexts; however, "Iran" is the name used officially in political contexts.

The 18th-largest country in the world in terms of area at 1,648,195 km² (636,372 sq mi), Iran has a population of around 79 million. It is a country of particular geopolitical significance owing to its location in the Middle East and central Eurasia. Iran is bordered on the north by Armenia, Azerbaijan and Turkmenistan. As Iran is a littoral state of the Caspian Sea, which is an inland sea, Kazakhstan and Russia are also Iran's direct neighbors to the north. Iran is bordered on the east by Afghanistan and Pakistan, on the south by the Persian Gulf and the Gulf of Oman, on the west by Iraq and on the northwest by Turkey. Tehran is the capital, the country's largest city and the political, cultural, commercial and industrial center of the nation. Iran is a regional power, and holds an important position in international energy security and world economy as a result of its large reserves of petroleum and natural gas. Iran has the second largest proven natural gas reserves in the world and the fourth largest proven petroleum reserves.

Oliver Laurence North (born October 7, 1943) is a former Marine Corps officer, political commentator, host of War Stories with Oliver North on Fox News Channel, a military historian, and a New York Times best-selling author.

North was at the center of national attention during the Iran-Contra affair, a political scandal of the late 1980s. North was a National Security Council staff member involved in the clandestine sale of weapons to Iran, which served to encourage the release of U.S. hostages from Lebanon. North formulated the second part of the plan: diverting proceeds from the arms sales to support the Contra rebel groups in Nicaragua (funding to the Contras had been prohibited under the Boland Amendment amidst widespread public opposition in the U.S. and controversies surrounding human rights abuses by the Contras). North was charged with several felonies and convicted of three, but the convictions were later vacated, and the underlying charges dismissed due to the limited immunity agreement granted for his pre-trial public Congressional testimony about the affair.

Ronald Wilson Reagan ( /ˈrɒnəld ˈwɪlsən ˈreɪɡən/; February 6, 1911 – June 5, 2004) was the 40th President of the United States, serving from 1981 to 1989. Prior to that, he was the 33rd Governor of California from 1967 to 1975 and a radio, film and television actor.

Born in Tampico, Illinois and raised in Dixon, Reagan was educated at Eureka College, earning a Bachelor of Arts degree in economics and sociology. After his graduation, Reagan moved first to Iowa to work as a radio broadcaster and then in to Los Angeles in 1937 where he began a career as an actor, first in films and later television. Some of his most notable films include Knute Rockne, All American, Kings Row, and Bedtime for Bonzo. Reagan served as president of the Screen Actors Guild, and later as a spokesman for General Electric (GE); his start in politics occurred during his work for GE. Originally a member of the Democratic Party, his positions began shifting rightward in the late 1950s, and he switched to the Republican Party in 1962. After delivering a rousing speech in support of Barry Goldwater's presidential candidacy in 1964, he was persuaded to seek the California governorship, winning two years later and again in 1970. He was defeated in his run for the Republican presidential nomination in 1968 as well as 1976, but won both the nomination and general election in 1980, defeating incumbent Jimmy Carter.

Fawn Hall (born 1959) was a secretary to Lt. Colonel Oliver North and a notable figure in the Iran-Contra affair, helping him shred confidential documents.

Hall was born and raised in Annandale, Virginia, and graduated from Poe Middle School in 1973 and Annandale High School in 1977.

Hall was North's secretary from February 1983 until she was fired on November 25, 1986. Hall's mother, Wilma Hall, was secretary to Robert McFarlane, Reagan's national security advisor, North's superior and a major player in Iran-Contra.

Fawn Hall dated Contras politician Arturo Cruz, Jr. In one mishap, she transposed the digits of a Swiss bank account number, resulting in a contribution from the Sultan of Brunei to the Contras being lost. On November 25, 1986, she smuggled confidential papers out of her employer's office hidden inside her leather boots, causing President Ronald Reagan to form a task force, which eventually put both North and Hall on trial.

It was also alleged that Hall and Scott Royster had an affair. Much about Royster is still classified today due to his involvement in DOD actions.