Please ensure Javascript is enabled for purposes of website accessibility
US and Qatar Block Iran's Access to $6 Billion Humanitarian Aid Fund
By admin
Published 2 years ago on
October 12, 2023

Share

Getting your Trinity Audio player ready...

The United States and Qatar have reached an agreement to prevent Iran from accessing a $6 billion humanitarian aid fund following a Hamas attack on Israel, according to Deputy Treasury Secretary Wally Adeyemo. The decision comes in the wake of a recent agreement between the U.S. and Iran to establish the aid fund as part of a prisoner exchange deal aimed at reducing regional tensions. The fund, financed by Iranian oil sales, was subject to U.S. approval for each transaction.

However, President Joe Biden has been under increasing bipartisan pressure to prevent Iran from using the funds due to concerns over Tehran’s ties to Hamas. Despite claims that Hamas has received weapons and training from Iran, no direct evidence of Iran’s involvement in the violence has been found.

Adeyemo assured House Democrats that the funds would not be released in the near future. This statement has led to calls from senators across party lines, including Senate Banking Committee Chairman Sherrod Brown, for the Biden administration to back out of the agreement.

Iran’s UN mission responded by stating that the U.S. cannot renege on the agreement and that the funds rightfully belong to the Iranian people. Trita Parsi, executive vice president of the Quincy Institute for Responsible Statecraft, warned that rescinding the aid could strengthen hard-line voices in Iran and potentially shift the regime’s stance towards developing a nuclear weapon.

Read more at The Washington Post.

RELATED TOPICS:

DON'T MISS

What Are Fresno Real Estate Experts Predicting for 2025 and Beyond?

UP NEXT

Palestinians Flock to US-Backed Aid Centers Despite Concern Over Checks

SF-Based Salesforce Is Buying Informatica in $8 Billion Deal

2 hours ago

Fresno Unified Safety Officer Alleges Battery by District Exec. What Does PD Say?

3 hours ago

Westlands Leader Calls Slight Water Boost ‘Disappointing’

Westlands Water District leader Allison Febbo characterized Tuesday’s announced 5% federal water allocation increase as “disappo...

1 hour ago

1 hour ago

Westlands Leader Calls Slight Water Boost ‘Disappointing’

U.S. Senator Tommy Tuberville (R-AL) speaks at the Conservative Political Action Conference (CPAC) annual meeting in National Harbor, Maryland, U.S., February 22, 2024. REUTERS/Amanda Andrade-Rhoades/File Photo
1 hour ago

Republican Tuberville Announces Bid for Alabama Governor

Residents walk by power grid towers at Bair Island State Marine Park in Redwood City, California, United States, January 26, 2022. REUTERS/Carlos Barria/File Photo
1 hour ago

PG&E Sees Surge in AI Data Center Interest With Fresno Area Emerging as New Hotspot

Salesforce Tower in New York
2 hours ago

SF-Based Salesforce Is Buying Informatica in $8 Billion Deal

3 hours ago

Fresno Unified Safety Officer Alleges Battery by District Exec. What Does PD Say?

Authorities arrested 45 people and seized guns and drugs during a multi-agency parole and probation sweep across Tulare County over the past two weekends. (Tulare County SO)
4 hours ago

Tulare County Authorities Arrest 45 in Parole, Probation Sweep

Students walk on the campus of Harvard University in Cambridge, Massachusetts, U.S., May 23, 2025. REUTERS/Faith Ninivaggi/File Photo
4 hours ago

Trump Administration Halts Scheduling of New Student Visa Appointments

4 hours ago

Trump Pardons Tax Cheat After Mother Attends $1 Million Dinner

Help continue the work that gets you the news that matters most.

Search

Send this to a friend