Critics slam Biden admin for waiver that gives Iran access to $10B fund: 'absolutely outrageous'The United States extended a sanctions waiver that critics slammed as tantamount to continuing to fund Iran’s disruptive activities as its proxies attack U.S. forces across the Middle East.
"It is absolutely outrageous the Biden Administration continues to find ways to send Iran money - especially from Iraq, where the same Iranian-backed militias who are targeting American forces increasingly run the show and are helping keep Iraq addicted to Iranian energy," Rep. Mike Waltz, R-Fla., told Fox News Digital.
Secretary of State Antony Blinken signed an extension to the initial 120-day waiver that allows Iraq to pay for Iranian electricity through an escrow account, where it has so far deposited an estimated minimum $10 billion – all without fear of reprisal for potentially breaking any U.S. sanctions.
The waiver allows the payments so long as they go through Oman, where a portion is converted to euros or other widely-traded currencies for Iran to buy non-sanctioned products such as humanitarian aid. The State Department has insisted, as it did with the $6 billion held in Qatar, that the money can only be spent with U.S. approval. The department ended up quietly re-freezing the Qatar-held funds. .............
https://www.foxnews.com/politics/critics-slam-biden-admin-waiver-gives-iran-access-10-billion-fund-absolutely-outrageous
