Biden Approves Release of $3 Billion of Iran’s Funds in Iraq, Oman, South Korea

This is madness. This is why Iran’s leaders will not negotiate with the Biden Administration. At least not yet. Why should Iran’s leaders negotiate with the U.S, when they receive major concessions through blackmail, deception, and violence?

Related – Richard Grenell: The Biden Team Overruled Career Intelligence Officials on the Khashoggi Murder in an Effort To Appease Iran

Biden Approves Release of $3 Billion of Iran’s Funds in Iraq, Oman, South Korea

ADVERTISEMENT

By The Gateway Pundit, March 8, 2021

Iranian-backed Iraqi militias were likely behind a deadly rocket barrage on a U.S.-led coalition base in northern Iraq in February. According to NBC the attack featured at least 14 107mm rockets, a favored weapon supplied by Iran to the militias.

But this did not dissuade Joe Biden from releasing $3 billion of Iran’s fund in Iraq, Oman and South Korea.

It’s like Obama 2.0

Apparently, there is nothing Iran can do to push the Biden administration away from nonsense nuclear talks with the terror regime.

The United States has agreed to the release of $3 billion in Iranian funds that have been frozen in Iraq, Oman and South Korea due to Washington’s sanctions, Iranian trade official Hamid Hosseini told the semi-official Fars news agency on Sunday.

ADVERTISEMENT

Hosseini, board member of the Iran-Iraq Joint Chamber of Commerce, had tweeted on Friday that Washington approved the release of frozen Iranian assets at the Trade Bank of Iraq, without mentioning the value of the assets.

Hosseini on Sunday confirmed that the US agreed to the release of $3 billion in Iranian frozen assets in the three countries.

[the_ad id=”110283″]

US sanctions imposed by former President Donald Trump have prevented Iran from accessing tens of billions of its assets in foreign banks.

Iranian frozen assets in Iraq amount to more than $6 billion, according to Iranian officials.

The head of the Iran-South Korea Chamber of Commerce said in October Iranian frozen funds in South Korea are worth $8.5 billion and added that their release depended on the outcome of the US presidential election.

The Truth Must be Told

Your contribution supports independent journalism

Please take a moment to consider this. Now, more than ever, people are reading Geller Report for news they won't get anywhere else. But advertising revenues have all but disappeared. Google Adsense is the online advertising monopoly and they have banned us. Social media giants like Facebook and Twitter have blocked and shadow-banned our accounts. But we won't put up a paywall. Because never has the free world needed independent journalism more.

Everyone who reads our reporting knows the Geller Report covers the news the media won't. We cannot do our ground-breaking report without your support. We must continue to report on the global jihad and the left's war on freedom. Our readers’ contributions make that possible.

Geller Report's independent, investigative journalism takes a lot of time, money and hard work to produce. But we do it because we believe our work is critical in the fight for freedom and because it is your fight, too.

Please contribute here.

or

Make a monthly commitment to support The Geller Report – choose the option that suits you best.

ADVERTISEMENT
Quick note: We cannot do this without your support. Fact. Our work is made possible by you and only you. We receive no grants, government handouts, or major funding. Tech giants are shutting us down. You know this. Twitter, LinkedIn, Google Adsense, Pinterest permanently banned us. Facebook, Google search et al have shadow-banned, suspended and deleted us from your news feeds. They are disappearing us. But we are here.

Subscribe to Geller Report newsletter here— it’s free and it’s essential NOW when informed decision making and opinion is essential to America's survival. Share our posts on your social channels and with your email contacts. Fight the great fight.

Follow Pamela Geller on Gettr. I am there. click here.

Follow Pamela Geller on
Trump's social media platform, Truth Social. It's open and free.

Remember, YOU make the work possible. If you can, please contribute to Geller Report.

Join The Conversation. Leave a Comment.

We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. If a comment is spammy or unhelpful, click the ... symbol to the right of the comment to let us know. Thank you for partnering with us to maintain fruitful conversation.

 

ADVERTISEMENT
Thanks for sharing!