The United States has extended a sanctions waiver that allows Iraq to pay for Iranian electricity, despite criticism that it funds Iran's disruptive activities and supports Iranian-backed militias targeting US forces. The waiver, signed by Secretary of State Antony Blinken, allows Iraq to deposit an estimated minimum of $10 billion in an escrow account without fear of breaking US sanctions. Payments are made through Oman, where a portion is converted to non-sanctioned currencies for Iran to purchase humanitarian aid.
The United States extended a sanctions waiver that critics slammed as tantamount to continuing to fund Iran’s disruptive activities as its proxies attack U.S. forces across the Middle East. 'It is absolutely outrageous the Biden Administration continues to find ways to send Iran money - especially from Iraq , where the same Iranian-backed militias who are targeting American forces increasingly run the show and are helping keep Iraq addicted to Iranian energy,' Rep. Mike Waltz, R-Fla.
, told Fox News Digital. Secretary of State Antony Blinken signed an extension to the initial 120-day waiver that allows Iraq to pay for Iranian electricity through an escrow account, where it has so far deposited an estimated minimum $10 billion – all without fear of reprisal for potentially breaking any U.S. sanctions. The waiver allows the payments so long as they go through Oman, where a portion is converted to euros or other widely-traded currencies for Iran to buy non-sanctioned products such as humanitarian ai
US Sanctions Waiver Iraq Iranian Electricity Criticism Iranian-Backed Militias US Forces Secretary Of State Antony Blinken Escrow Account US Sanctions Oman Non-Sanctioned Currencies Humanitarian Aid
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