The Biden-Harris administration gave the Iranian regime access to $200 billion in oil revenues through lax sanctions enforcement, the Washington Free Beacon reported Monday, citing new government data. .
Free Beacon Adam Credo I wrote:
The full economic loss due to this sanctions relief has been revealed. Long-awaited US government report About Iran's oil trade. The U.S. Energy Information Administration, a government agency that monitors global markets, is mandated to publicly tally Iran's oil revenues under an April 2024 law, after four years of sparse administration by the Biden-Harris administration. It provided one of the first official snapshots following the enforcement of sanctions.
A report released late last week found that Iran raised $144 billion in revenue during the first three years of the Biden-Harris administration. This includes $37 billion in 2021, significantly more than the $16 billion Tehran received in 2020, the last year of the Trump administration. Oil revenues increased to $54 billion in 2022 and reached $53 billion in 2023, indicating that Iran's crude oil trade remains at a historically high level.
Iran is on track for another breakthrough year in 2024, having exported more than $34 billion in oil through October, according to statistics compiled by the Anti-Nuclear Organization of Iran (UANI). monitor World oil transport with Tehran's comprehensive tanker tracker.
Former President Donald Trump's sanctions against Iran were so strong that his administration was reluctant to confront the United States. According to of new york times In 2020.
President Joe Biden and Vice President Kamala Harris reversed course after taking office, seeking a new nuclear deal with Iran and delaying enforcement of oil sanctions.
Critics claim that the additional revenue the regime received helped fund terrorist attacks through proxies.
Joel B. Pollack is a senior editor at Breitbart News. Breitbart News Sunday Sunday nights from 7:00 PM to 10:00 PM ET (4:00 PM to 7:00 PM PT) on Sirius XM Patriot. he is the author of Agenda: What should President Trump do in his first 100 days?available for pre-order on Amazon. He is also the author of Trumpian Virtues: Lessons and Legacy of the Donald Trump Presidencynow available on Audible. He is the recipient of the 2018 Robert Novak Journalism Alumni Fellowship. Follow him on Twitter @joelpolak.
