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Biden Extends Sanctions Waiver for Iran, Sparking Criticism

The decision comes amid heightened tensions following an Iran-backed drone strike that killed three American soldiers.

  • President Biden has extended a sanctions waiver allowing Iran access to over $10 billion, sparking criticism amid recent Iranian aggression.
  • The funds, previously frozen, are intended for non-illicit uses such as imports and debt repayments, but critics argue they could indirectly support terrorism.
  • The waiver extension follows an Iran-backed drone strike that killed three American soldiers, raising concerns over the administration's approach to Iran.
  • The House passed the No Funds for Iranian Terrorism Act to lock down the funds, but the bill is stalled in the Senate.
  • Critics, including the Foundation for Defense of Democracies, accuse the Biden administration of appeasing Iran despite its continued hostility and aggression.
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