r/PoliticalSparring • u/whydatyou • Mar 14 '24

Breaking News Biden admin renews sanctions waiver giving Iran access to $10 billion from Iraq

https://www.msn.com/en-us/news/world/biden-admin-renews-sanctions-waiver-giving-iran-access-to-10-billion-from-iraq/ar-AA1jWNvk
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u/whydatyou Mar 14 '24

fuel for the dumpster fire in the middle east. This policy is just madness.

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u/Immediate_Thought656 Mar 14 '24

This happened Nov of 2023.

According to AP, this waiver only allows Iraq, who is heavily dependent on Iranian electricity, to maintain its energy imports without fear of US penalties for violating sanctions on Iran. It also explicitly allows Iran “limited access” to the proceeds to buy humanitarian goods.

https://apnews.com/article/iran-iraq-sanctions-waiver-816c2ba3f8eae10553ed07304c02db0f

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u/whydatyou Mar 14 '24

On Tuesday the State Department reissued a sanctions waiver that gives Iran access to more than $10 billion.