According to a report from AP News, the Biden Administration has extended a sanctions waiver that will allow Iraq to continue to purchase electricity from Iran, giving the number one state sponsor of terrorism $10 billion dollars in the process.
From AP News:
Secretary of State Antony Blinken signed the 120-day waiver extension and it was transmitted to Congress on Tuesday, U.S. officials said. The move is likely to draw criticism from Iran hawks on Capitol Hill and elsewhere who believe the extension will reward Iran at a time when it is coming under increasing pressure to end its support for proxy groups, including Hamas, that are destabilizing the Middle East.
There is roughly $10 billion in Iraqi payments for Iranian electricity currently being held in escrow accounts in Iraq, and the waiver will allow Baghdad to maintain its energy imports without fear of U.S. penalties for violating sanctions on Iran.
…
The officials, who spoke on condition of anonymity to discuss the decision-making process, said Blinken signed the waiver mainly because the administration doesn’t want to cut Iraq off from a critical source of energy.
BREAKING: The Biden administration has unlocked another $10 billion for the Iranian regimehttps://t.co/T99OTv1jIV
— RNC Research (@RNCResearch) November 14, 2023
