The Biden administration has recently extended a controversial sanctions waiver that allows Iran access to around $10 billion in payments from Iraq. This decision was made shortly after President-elect Trump's victory on Election Day.
Secretary of State Antony Blinken has once again prolonged the waiver for humanitarian trade, enabling Iran to utilize accounts in Iraq and Oman. However, critics from the Republican party have expressed concerns that granting Iran access to these funds could potentially support terrorism in the Middle East or further its nuclear program.
