Biden Approves $10B to Iran, Source Says

(Dmytro “Henry” AleksandrovHeadline USA) It was reported that the Biden administration would approve a sanctions waiver on Tuesday, which would allow Iran to access at least $10 billion in previously frozen funds that were held in Iraq.

A closely watched decision came just a month after the Iran-backed terrorist group Hamas launched an attack on Israel that left more than 1,200 innocent people dead, according to the Washington Free Beacon.

The news source also added that the waiver would extend the multibillion-dollar sanctions relief that was first issued in July 2023 and expired on Nov. 14, 2023. The waiver allowed Iraq to transfer frozen electricity payments into Iranian-owned bank accounts in Europe and Oman.

The renewal of the waiver raised some concerns that the Biden administration is maintaining financial avenues for Tehran as the country’s terrorist proxies murder innocent people by starting constant wars across the Middle East.

Among many other people, a senior advisor at the Foundation for Defense of Democracies and sanctions expert who previously served on the White House National Security Council criticized the Biden administration.

“The world is living in a post-Oct. 7 world, but the White House is still running an Oct. 6 policy toward Iran. Why should Iran have any access to more than $10 billion after sponsoring one of the worst terrorist attacks against American citizens and the worst massacre of Jews since the Holocaust? It would make more sense to freeze all of these accounts and keep every penny out of Tehran’s hands,” the advisor said.

Even though the Biden administration paused a $6 billion ransom payment to Iran after Congress pressured it to do so, the Iraq-Europe-Oman sanctions waiver signaled that the government of the United States is still trying to provide financial relief to the regime that funds terrorists all the time.

The Gaza war has already “spilled over into neighboring Lebanon and may even widen in scope” as Iranian-armed Hezbollah fighters become more active in the conflict, Iranian military officials warned on Monday.

Tehran also rallied Arab nations against Israel, threatening to prolong the war and open more fronts.