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The Federalist Papers
15 Nov 2023
Steve Straub

The Biden administration has renewed a sanctions waiver that allows Iran to access over $10 billion in frozen assets.
This waiver, originally authorized for 120 days in July, enables Iraq to make payments for electricity imports from Iran into accounts outside of Iraq, which can then be utilized by Tehran.
The move has sparked controversy, with critics arguing that it could indirectly support Iran’s global terrorism operations. The Biden administration contends that this waiver is necessary to limit Iran’s influence over the Iraqi government.
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