Biden's Controversial Decision: Funding Iran Amidst Rising Tensions
Critics are slamming the Biden administration for extending a sanctions waiver that allows Iraq to pay for Iranian electricity through an escrow account, which has so far accumulated an estimated minimum of $10 billion. The waiver, signed by Secretary of State Antony Blinken, has been criticized for potentially funding Iran's disruptive activities and its proxies' attacks on U.S. forces in the Middle East. The State Department insists that the money can only be spent with U.S. approval, but critics argue that all such accounts for Iran should be cut off or frozen to prevent funding of groups like Hamas, Hezbollah, and the Houthis.