{"id":2097609,"date":"2023-11-13T16:22:03","date_gmt":"2023-11-13T21:22:03","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-mulls-approval-of-fresh-10-billion-for-iran\/"},"modified":"2023-11-13T17:02:17","modified_gmt":"2023-11-13T22:02:17","slug":"biden-mulls-approval-of-fresh-10-billion-for-iran","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-mulls-approval-of-fresh-10-billion-for-iran\/","title":{"rendered":"Biden Mulls Approval of Fresh $10 Billion for Iran"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbiden-mulls-approval-of-fresh-10-billion-for-iran%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2097609&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><blockquote>\n<h2>Sanctions Waiver: Funding Tehran&#8217;s Support for Hamas&#8217;s War on Israel<\/h2>\n<\/blockquote>\n<div>\n<p>The Biden\u2063 administration is on the verge of approving\u200b a\u200b sanctions waiver that would grant \u200cIran access to over $10 billion \u2062in previously frozen funds held in \u2062Iraq. This \u200ddecision comes just a month \u2064after the \u200bTehran-backed terror group \u200dHamas launched a devastating attack on Israel, resulting in the loss of 1,200 \u200dlives.<\/p>\n<p>The waiver, set to extend the <a title=\"Biden Mulls Approval of Fresh Billion for Iran\" href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-mulls-approval-of-fresh-10-billion-for-iran\/\">multibillion-dollar sanctions relief initially issued<\/a> in July, allows Iraq to transfer frozen electricity \u200cpayments \u2062into \u2063Iranian-owned \u2062bank accounts \u2062in Europe and Oman. However, concerns are mounting \u2063that this renewal is \u200benabling the \u200cBiden administration to\u200d maintain financial avenues for Tehran, even\u2063 as the country&#8217;s terrorist proxies continue to sow chaos across the\u2063 Middle East.<\/p>\n<p>&#8220;The world is living in a post-Oct.\u200d 7 world, but the White House is still \u2063running an Oct. 6 policy toward Iran,&#8221; says Richard Goldberg, a\u200b senior\u200d adviser \u200dat the\u200c Foundation for Defense of Democracies. \u2063Goldberg questions why Iran should have access \u200bto more \u200bthan $10 billion after sponsoring a <a title=\"American Lawmakers React To Explosion At Kabul Airport As Horrifying Photos Emerge\" href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/american-lawmakers-react-to-explosion-at-kabul-airport-as-horrifying-photos-emerge\/\">horrific terrorist attack<\/a> and the worst massacre of Jews since the Holocaust. He argues that freezing all these accounts and\u2063 keeping every penny \u2063out of Tehran&#8217;s hands would be a more\u200c sensible approach.<\/p>\n<p>While the Biden\u2063 administration halted a $6 billion ransom payment to Iran following pressure from Congress, the Iraq-Europe-Oman sanctions waiver\u2064 suggests that the United States is still seeking to <a title=\"CIA sends message to take \u2018Havana syndrome\u2019 seriously\" href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/cia-sends-message-to-take-havana-syndrome-seriously\/\">provide financial relief<\/a> to the\u200d hardline regime. Iranian military officials have warned that the Gaza war has already spilled over into neighboring Lebanon\u2063 and may escalate further, with Iranian-armed Hezbollah\u200d fighters becoming increasingly active in the\u2063 conflict. Tehran has also been rallying\u200b Arab\u200b nations\u200b against Israel, threatening to prolong the war and open more fronts.<\/p>\n<p>Under the\u2063 Trump administration, Iraq was allowed to import electricity\u200c and gas from Iran,\u200d but the payments had to be kept in an escrow \u2064account in Baghdad. The Biden administration continued this waiver and expanded it in July, enabling Iraq to \u2062move over $10 billion outside the country, giving\u200c Tehran\u2063 access to the funds for its budget and humanitarian needs. \u200bIn late October, the\u200b governor of\u2064 the Central Bank of Iran reportedly discussed expediting Iran&#8217;s access\u2064 to the funds with his Omani counterpart.<\/p>\n<p>During \u2064a congressional hearing, Richard Goldberg advised\u2062 Congress \u2064to lock down the\u200d $10 billion as punishment for Tehran&#8217;s support of Hamas&#8217;s war\u2062 on \u200cIsrael.<\/p>\n<p>The Biden administration maintains that, like the \u200b$6 billion held in Qatar, Iran can only use the $10 billion for non-sanctioned purposes. \u200dHowever, critics argue that since money is fungible, this access allows Iran to free up cash \u200din other areas for illicit activities.<\/p>\n<p>Republican \u200dlawmakers in Congress made this argument when pressuring the Biden\u2064 administration\u2062 to halt\u200b the $6 billion ransom payment to Iran. They claimed that although the money was intended for humanitarian purposes, it ultimately aided the hardline regime in diverting funds to terror groups like Hamas and Hezbollah.<\/p>\n<p>In \u2064recent days, Iranian leaders have\u200c stressed the importance of the electricity payments, urging Omani \u2062leaders \u200bto expedite the use of these new \u2062foreign exchange resources. This indicates that the regime is relying on the Biden administration\u2063 to continue freeing up this cash.<\/p>\n<p>The State Department has declined to \u2064comment on the sanctions waiver or confirm whether it will be renewed this week.<\/p>\n<\/div>\n<p>\u00a0<\/p>\n<h2>What\u2062 actions \u2064should \u200dthe United States take to \u200c<a title=\"Levi Strauss lowers profit outlook due to increased costs and wary consumers.\" href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/levi-strauss-trims-profit-forecast-on-higher-costs-cautious-consumer\/\">put increased pressure<\/a>\u2064 on Iran and its \u200cproxies<\/h2>\n<p>D over into a larger conflict, and \u2062with Tehran&#8217;s continued support for Hamas,\u200d the \u2062situation is becoming\u2064 increasingly volatile in\u200b the region.<\/p>\n<p>Allowing Iran access to\u2064 these frozen \u200dfunds raises serious concerns about the Biden administration&#8217;s commitment to countering terrorism and supporting its allies in the \u200dMiddle East. It sends a \u2063message that the United States is willing to <a title=\"UCLA Student Government Passes Stipend To Compensate Undocumented Students\" href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/ucla-student-government-passes-stipend-to-compensate-undocumented-students\/\">provide financial assistance<\/a> to a country that sponsors terrorism and threatens the stability of the region.<\/p>\n<p>Furthermore, \u200dit raises questions about the effectiveness of sanctions\u200d as a tool to deter and punish bad\u200d behavior. If Iran is able to access \u2063funds despite\u200d its support for\u2062 terrorist organizations, it undermines the\u2062 credibility of sanctions and\u2064 gives Tehran \u2064the impression that it can act with impunity.<\/p>\n<p>The Biden \u200dadministration must reevaluate its decision to \u2063grant\u200d this sanctions waiver and consider the\u2064 broader implications of its actions.\u2063 Providing Iran with access to frozen funds will only\u200c strengthen its ability \u2063to support terrorist groups like Hamas and\u200c further destabilize the region.<\/p>\n<p>Instead,\u200c the United States \u2062should\u200d be\u200c working with its allies \u200bto put increased pressure on Iran and its proxies. This\u2062 includes imposing stronger sanctions, coordinating \u200cintelligence efforts \u2064to disrupt \u200ctheir operations, and supporting local partners in the fight against \u200bterrorism.<\/p>\n<p>Additionally, the \u2063United States should be actively condemning \u200cIran&#8217;s \u2062support for terrorism and holding the regime accountable for its actions. It is crucial for\u200c the international community \u2064to stand united\u200d against Iran&#8217;s destabilizing activities in the region.<\/p>\n<p>The \u2064Biden\u200b administration has \u200da\u200b responsibility to prioritize the safety \u2064and security of its allies, including Israel, and to combat terrorism \u2064in all \u200dits forms. Granting Iran access to frozen funds undermines these objectives \u2063and sends the wrong message to those who seek to do harm in \u2062the region.<\/p>\n<p>It is time for the United States to take a strong stance against Iran&#8217;s support for terrorism \u2064and to reassess its policies regarding the release of frozen funds. The safety and stability of \u200cthe Middle East\u2063 depend \u200don it.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sanctions waiver frees up money for Tehran as it funds Hamas\u2019s war on Israel (Mark Segar and Leah Millis\/Reuters) The Biden administration may approve a sanctions waiver on Tuesday that will allow Iran to access at least $10 billion in previously frozen funds held in Iraq, a closely watched decision that comes just a month<\/p>\n","protected":false},"author":117,"featured_media":2097610,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"Biden Mulls Approval of Fresh $10 Billion for Iran","footnotes":""},"categories":[544],"tags":[],"class_list":["post-2097609","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-free-beacon"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"Biden Mulls Approval of Fresh $10 Billion for Iran","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2097609","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/117"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2097609"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2097609\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2097610"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2097609"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2097609"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2097609"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}