Iran will have roughly $10 billion from Iraq for electricity.
Secretary of State Antony Blinken signed a waiver extension this week with a 120-day window for Iran to access nearly $10 billion being held in escrow accounts in Iraq. The waiver allows the regime in Iran to transfer electricity payments to accounts in Oman, where they can then be converted to what are supposed to be only “humanitarian” purposes.
The waiver, according to U.S. officials, is primarily because President Biden’s administration does not want Iraq to be cut off from energy sources.
State Department spokesman Matthew Miller claimed the money “can only benefit the Iranian people.” He stated, “They get their hands on zero additional dollars as a result of these waivers. Again, none of these funds are sent to Iran. They are held in third-party accounts outside Iran, and can be used only for humanitarian and other non-sanctionable purposes for the benefits of the Iranian people.”
Many oppose the waiver, calling the administration giving Iran access to $10 billion “absolutely outrageous.”
Senator Steve Daines of Montana said, “This move by the administration is abhorrent and irresponsible. Money is fungible and the administration should know better. We should not be giving Iran one cent because it will be used to fund Hamas, Hezbollah, and the Houthis. All enemies of Israel and the United States.”
As the Lord Leads, Pray with Us…
- For Secretary Blinken and President Biden to seek God’s guidance on humanitarian aid policies.
- For members of Congress as they continue to work on appropriations bills to fund the federal government.
Sources: Reuters, Fox News, NY Post
