US Renews Sanctions Waiver Unblocking Billions of Iran's Frozen Funds

President Joe Biden speaks next to US Treasury Secretary Janet Yellen during a cabinet meeting in the Cabinet Room of the White House in Washington, June 6, 2023.
President Joe Biden speaks next to US Treasury Secretary Janet Yellen during a cabinet meeting in the Cabinet Room of the White House in Washington, June 6, 2023.

The Biden administration on Wednesday issued another sanctions waiver to Iran, unblocking up to 10 billions of dollars in Iranian frozen funds.