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WorthyNews: Biden Administration Renews Iran Sanctions Waiver Allowing $10 Billion For State Sponsor of Terrorism


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Posted

by Emmitt Barry, Worthy News Correspondent

(Worthy News) — The Biden administration, on Wednesday, renewed a sanctions waiver that released more than $10 billion in assets previously frozen to the Iranian government, which the U.S. Department of State designated as a state sponsor of terrorism, according to documents submitted to Congress.

The Biden administration has renewed a sanctions waiver allowing Iran to obtain approximately $10 billion from Iraq for electricity, despite recent attacks on U.S. forces by Iranian proxies. This 120-day extension, authorized by Secretary of State Antony Blinken, mirrors a July waiver.

However, this waiver comes in the wake of the Oct. 7 tragedy where 1,200 people in Israel were killed by the Iranian-backed terrorist organization Hamas, and the ongoing conflicts involving Iranian-backed terrorist militia groups in Lebanon, Syria, Iraq, and Yemen.

The waiver permits Iran to access almost $10 billion in escrow accounts in Iraq, designated solely for humanitarian trade, as reported by US officials to the Associated Press. Additionally, the AP noted that the extension enables Iran to move electricity payments to Omani accounts, and facilitating currency conversion for the purchase of non-sanctioned items by the Islamic Republic.

During a press briefing, State Department spokesman Matthew Miller supported the waiver extension, emphasizing that the funds “can only benefit the Iranian people.” He clarified, “They get their hands on zero additional dollars as a result of these waivers. Again, none of these funds are sent to Iran. They are held in third-party accounts outside Iran, and can be used only for humanitarian and other non-sanctionable purposes for the benefits of the Iranian people.”

Miller also contended that Iran’s “destabilizing activities” would persist irrespective of the waiver’s issuance.

Since October 17, Iranian proxies have launched at least 55 attacks on US forces in Iraq and Syria, injuring approximately 59 personnel, according to the Pentagon.

In September, the White House released $6 billion in frozen assets to Iran as part of a deal for the release of five American detainees.

The post Biden Administration Renews Iran Sanctions Waiver Allowing $10 Billion For State Sponsor of Terrorism appeared first on Worthy Christian News.

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Posted

Wonder what his motives and intentions are in doing this.


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Posted
25 minutes ago, FJK said:

Wonder what his motives and intentions are in doing this.

To win votes, since ALOT of the Democrat Congress supports these terrorist countries.


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Posted

It's astounding that the Democratic party in America so openly supports terrorists and terrorism. We saw that very clearly with the October attack against Israel. It's deeply disturbing that the Democrats seem determined to destroy this nation and no doubt they feel as self righteous doing so as the Nazis did when they called for the mass murder of Jews in Germany. I really think we are headed that direction again. Hillary Clinton already said all Christians should be rounded up and put into camps. Getting very scary and most "Christians" are sitting on their hands waiting for someone else to do something. 

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Posted

Sooooo... we are essentially paying bad actors in good faith that they will fight our allies so we can in turn fight and/or "supply" our allies... and/ or eventually fight in the conflict with our soldiers.

Madness.


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Posted
2 hours ago, TrueFollowerOfChrist said:

It's astounding that the Democratic party in America so openly supports terrorists and terrorism. We saw that very clearly with the October attack against Israel. It's deeply disturbing that the Democrats seem determined to destroy this nation and no doubt they feel as self righteous doing so as the Nazis did when they called for the mass murder of Jews in Germany. I really think we are headed that direction again. Hillary Clinton already said all Christians should be rounded up and put into camps. Getting very scary and most "Christians" are sitting on their hands waiting for someone else to do something. 

They are following the Marx way of putting communism in charge of a nation.  One has to first destroy its structure before the general public will accept the communist government.

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