Iranian oil officials are inviting U.S. companies to invest in Iran’s oil and energy sectors due to the removal of international sanctions under the recently inked nuclear accord, according to regional reports.
Kenneth Stethem, a former Navy SEAL and the brother of an American victim of Iranian terrorism, called on President Obama to support a bill that would compel Iran to pay the $43.5 billion it owes to victims of terrorism before receiving sanctions relief.
Iran is refusing to pay more than $43 billion in court judgments issued to U.S. victims of the Islamic Republic’s terror operations, prompting two leading senators to back an effort that would prohibit the Obama administration from unfreezing more than $150 billion in Iranian assets until that country has settled its legally mandated debts.
Congress is considering new legislation that would block the Obama administration from releasing billions of dollars to the Iranian regime as was agreed to under the parameters of the recently inked nuclear accord, according to Rep. Patrick Meehan (R., Pa.) the lawmaker spearheading the bill.
President Obama has only issued sanctions against a few Iranian officials and entities for human rights abuses since the start of nuclear talks with Tehran, despite his assurances that he would continue to apply pressure, according to the chairman of the House Foreign Affairs Committee.
Multiple senior Iranian officials have vowed in recent weeks to violate the recently inked nuclear accord that aims to constrain the Islamic Republic’s contested nuclear enrichment program, according to multiple comments by top Iranian leaders.
The recently inked nuclear accord with Iran restricts the United States’ ability to impose new sanctions on the Islamic Republic in response to terror activities, human rights abuses, and ballistic missile development, according to a document provided to Congress by the Obama administration and obtained exclusively by the Washington Free Beacon.
The United States has provided secret assurances to Europe, China, and Russia that it will protect companies working with Iran from consequences related to the possible reimposition of sanctions set to be lifted under the recently inked nuclear deal, according to a document provided to Congress and obtained exclusively by the Washington Free Beacon.
Sen. Ted Cruz (R., Texas) is petitioning the Republican leadership to delay an upcoming vote in Congress on the recently inked Iran nuclear agreement due to what he says is the Obama administration’s failure to provide lawmakers with all documents pertaining to the deal, according to a copy of a letter sent by Cruz on Thursday.
WASHINGTON (Reuters) – The U.S. Treasury Department on Thursday sanctioned four Hamas officials and financiers and a Saudi Arabia-based company controlled by one of them for providing financial support to the Palestinian militant group.