Biden Needs to 'Deprive' Iran of Money Not Waive Sanctions

President Joe Biden (Getty Images)

By    |   Friday, 17 November 2023 07:32 AM EST ET

The Biden administration's decision to unlock upwards of $10 billion that will fill now fill Tehran's coffers only proves that despite the U.S. fight against Iranian proxies in the Middle East and the Islamic Republic's financial support of terror group Hamas, the U.S. policy toward Iran remains unchanged, experts say.

On Tuesday, Secretary of State Antony Blinken signed a 120-day waiver extension that will allow Iraq to continue to purchase electricity from Iran. Under the deal, Iran will have some access to the proceeds, supposedly to buy humanitarian goods.

Marisa Herman

Marisa Herman, a Newsmax senior reporter, focuses on major and investigative stories. A University of Florida graduate, she has more than a decade of experience as a reporter for newspapers, magazines, and websites.

© 2026 Newsmax. All rights reserved.


platinum
The Biden administration's decision to unlock upwards of $10 billion that will fill now fill Tehran's coffers only proves that despite the U.S. fight against Iranian proxies in the Middle East, the U.S. policy toward Iran remains unchanged, experts say.
iran, sanction, waiver, u.s., joe biden, attacks, troops, terrorism, policy, biden administration
1005
2023-32-17
Friday, 17 November 2023 07:32 AM
Newsmax Media, Inc.

View on Newsmax