Biden Weighs Freezing $6 Billion for Iran After Hamas Attack on Israel

  • Fund freed in prisoner swap may be ‘re-frozen,’ officials say
  • US intelligence has no evidence yet that Iran directed attack
WATCH: Yellen says “we have not in any way relaxed our sanctions on Iranian oil.”Source: Bloomberg
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Biden administration officials are leaving open the possibility of re-freezing $6 billion in Iranian oil money that was released as part of a prisoner swap amid growing bipartisan criticism after Iran-backed Hamas militants attacked Israel.

The $6 billion that was to be used for humanitarian purposes has become a touchstone for criticism of President Joe Biden’s approach to Iran and a focus of inquiries into what role Iran may have played in last weekend’s attack.