Decades before today’s geopolitical trade wars, Xerox found itself at the center of a $12 million international legal dispute involving Iran, following the Iranian Revolution and the disruption of its business interests in the country. On September 21, 1984, theIran–United States Claims Tribunal issued an Award on Agreed Terms, formalizing a $12 million settlement involving Xerox and Iranian entities. Historical reporting subsequently listed Xerox among the American companies that received money through the tribunal’s claims process. The case, documented in the Italaw international arbitration archive, offers a fascinating look at how political upheaval, international arbitration, and overseas business risks can affect even major players in the global printing industry. For Xerox, this was more than a photocopier story—it was a multimillion-dollar international dispute that put business, diplomacy, and printing history on the same page.