Graham: Biden prepares $90 bailout for Iran

Rejoining the Iran deal could undo years of progress in the Middle East and lead to chaos and instability, Republican Sen. Lindsey Graham told Foreign Policy on Thursday. Through U.S. sanctions and Iran’s own ineptitude and mismanagement of the COVID, its economy has been left paralyzed and vulnerable. From a negotiating perspective, Biden has plenty of leverage, Sen. Lindsay points out. Yet the Wall Street Journal reported last week that the Biden administration is considering lifting terrorism-related sanctions on the Central Bank of Iran [and pumping out $90bn), so reversing the positive momentum in the Middle East by destabilizing the peaceful balance of power Biden fpund there. Israel Ambassador Gilad Erdan predicted that on Thursday that the US would revive negotiations on the 2015 nuclear deal within weeks.

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