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.