Nov 14, 2023, 4:51 PM

Media claim Biden adm. plans to release $10 of Iran's assets

Media claim Biden adm. plans to release $10 of Iran's assets

TEHRAN, Nov. 14 (MNA) – An American website has claimed that the Biden administration may approve a sanctions waiver on Tuesday that will allow Iran to access at least $10 billion in previously frozen funds held in Iraq.

The Washington Free Beacon has claimed in a report published on Tuesday that the US administration is going to approve a sanctions waiver that will allow Iran to access at least $10 billion in previously frozen funds held in Iraq.

The waiver would extend the multibillion-dollar sanctions relief first issued in July that expires tomorrow, the American website added.

According to the report, the waiver allows Iraq to transfer frozen electricity payments into Iranian-owned bank accounts in Europe and Oman. 

MNA

News ID 208353

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