excalibur
Diamond Member
- Mar 19, 2015
- 18,174
- 34,491
- 2,290
Exactly what one would expect from this vermin-filled administration.
There is no rational reason to do this. None.
The Biden administration on Tuesday reapproved a sanctions waiver that will allow Iran to access upward of $10 billion in frozen assets, the State Department confirmed to the Washington Free Beacon.
The sanctions waiver, which was set to expire today after first being authorized for a period of 120 days in July, allows Iraq to pay Iran for multibillion-dollar electricity purchases. This is the first time the Biden administration has renewed the waiver since the Iran-backed terror group Hamas launched an unprecedented attack on Israel that was reported to have been planned with Tehran's support.
Renewal of the waiver "allows Iraq to use its own funds to render payment for Iranian electricity imports into restricted Iranian accounts in Iraq," a State Department official told the Free Beacon, speaking only on background. "These restricted funds can only be used for humanitarian and other non-sanctionable transactions."
While Iran can only use the funds related to the sanctions waiver for the purchase of humanitarian goods, critics of the administration's policy argue that by freeing up this cash, Iran can allocate other financial resources to its global terrorism operation, which has been in overdrive since Hamas's October 7 attack on Israel. Analysts place the amount of cash accessible by Iran at upward of $10 billion, as the Free Beacon first reported on Monday.
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freebeacon.com
There is no rational reason to do this. None.
The Biden administration on Tuesday reapproved a sanctions waiver that will allow Iran to access upward of $10 billion in frozen assets, the State Department confirmed to the Washington Free Beacon.
The sanctions waiver, which was set to expire today after first being authorized for a period of 120 days in July, allows Iraq to pay Iran for multibillion-dollar electricity purchases. This is the first time the Biden administration has renewed the waiver since the Iran-backed terror group Hamas launched an unprecedented attack on Israel that was reported to have been planned with Tehran's support.
Renewal of the waiver "allows Iraq to use its own funds to render payment for Iranian electricity imports into restricted Iranian accounts in Iraq," a State Department official told the Free Beacon, speaking only on background. "These restricted funds can only be used for humanitarian and other non-sanctionable transactions."
While Iran can only use the funds related to the sanctions waiver for the purchase of humanitarian goods, critics of the administration's policy argue that by freeing up this cash, Iran can allocate other financial resources to its global terrorism operation, which has been in overdrive since Hamas's October 7 attack on Israel. Analysts place the amount of cash accessible by Iran at upward of $10 billion, as the Free Beacon first reported on Monday.
...
Biden Unlocks Fresh Funds to Iran Totaling Billions
The Biden administration on Tuesday reapproved a sanctions waiver that will allow Iran to access upward of $10 billion in frozen assets, the State Department confirmed to the Washington Free Beacon.
freebeacon.com
