Biden OKs Another Ten Billion for Iran

Of course.

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 transfer payments for multibillion-dollar electricity imports from Iran into accounts outside of the country that can be used by Tehran. 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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Critics... see the sanctions waiver as proof that the administration is maintaining Tehran's financial channels, even after it provided Hamas with the resources necessary to slaughter more than 1,200 Israelis and take hostage many others, including Americans.

Last month, Matt Lee pressed a State Department flack on the point that the billions we are giving to Iran is fungible.

The Biden flack decided that blame is fungible, and claimed it's really Trump's fault.

Meanwhile, Turkey's Islamist president is making threats:

Why is Turkey in NATO?

posted by Disinformation Expert Ace at 04:35 PM

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