PoliticsMiddle EastNorth AmericaQ, [DS] & Corruption

Biden Expected to Greenlight Fresh $10 Billion for Iran


The Biden administration is expected to grant approval for a sanctions waiver on Tuesday that would grant Iran access to a minimum of $10 billion in frozen funds previously held in Iraq. This closely watched decision comes less than a month after the Tehran-backed terror group Hamas-back killed 1,200 Israelis in an attack. Expiring tomorrow, the multibillion-dollar sanctions relief that was initially granted in July would be extended by the waiver. It permits Iraq to transfer electricity payments that have been suspended into bank accounts owned by Iran in Europe and Oman.Concerns are being raised regarding the Biden administration’s provision…

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