There's a good ring to “Destroy Iran again.”
After four years of shady settlements by the Biden administration, Iran's bloodthirsty administration is once again under pressure – and just Nick in time, before it cleverly deals with the capabilities of nuclear weapons.
Treasury Secretary Scott Bescent hit Iran last week in a speech to a New York economic club, foreshadowing a severe new sanctions and a long-term crackdown on the Islamic regime's black market oil economy.
Iran's sanctions fraud was a less-than-secret, dirty little thing from the Biden administration, known equally to intelligence reporting agencies and hedge fund traders.
“Iran has developed a complex shadow network of financial facilitators and black market oil shippers through the ghost fleet, selling oil, petroleum-chemical and other goods to fund exports and generating hard currency,” Bescent said.
When Donald Trump resigned in 2021, Iran went to his knees.
Abusive sanctions and terrorist funding aimed at strangling Iran's nuclear enrichment programme have trimmed Iran's oil exports. Trump was also tearing the demonic Iran nuclear deal, the Obama administration's so-called joint comprehensive plan of action.
Weak against mutilators
Under Joe Biden, everything changed. He eased sanctions enforcement, betrayed Iranian opposition, re-animated nuclear deals, and returned $6 billion in frozen Iranian assets in September 2023, a month before the October 7 attack on Israel.
Biden and his handlers were so persistent in winning reelection that there was nothing more important than maintaining a high global oil supply.
As Bescent points out in the light empty, the Biden administration has turned its eye on the dense oil black market that has continued to enrich Iran for basic political reasons.
This allowed Muller to fund terrorist proxies to attack Israel and attack global transport in the Red Sea, including a drone strike at Erbil Air Force Base in December 2023, when members of the US military were seriously injured.
Iran also used Biden Lages to advance its own nuclear weapons program, which supplies attack drones and ammunition to Russian war machines in Ukraine, and at the same time endangering the world.
Any further “we intend to shut down Iran's oil sector and drone manufacturing capabilities.”
International oil traders such as the privately based Dubai-based Casco Group are currently under investigation by the Trump administration as they used complex financial arrangements to circumvent US restrictions to promote Iran's oil trade.
“Intelligent Community Source [have] Using detailed intelligence on how Iran is avoiding sanctions and cutouts, it uses its cutouts to illegally sell oil in the West,” says John Schindler, a former National Security Agency intelligence analyst. “This intelligence commands Casco with his finger as one of the leading perpetrators of this lucrative fraud.”
According to Schindler, massive oil scams have been well known to the intelligence reporting community for many years.
“The Biden administration was explained, but they didn't do anything,” he said.
Main customers: China
China, Iran's main oil client, is the architect of Iran's “shadow financial channels that run from oil rigs to central bank virtual safes.” The economist reported last year in a survey entitled “Iran's Secret Oil Trade.”
The way that it works is by around 100 front companies buying old tankers flagged in Panama, changing their names, turning off transponders or lending them to another ship, tracking them and sailing to one of Iran's export terminals to pick up oil.
Oil cargo is usually transferred to another ship in Iraq or Oman, then moved off the coast of Malaysia or Singapore before heading to China.
According to economists, oil is mislabeled by Iraq, Malaysia, Oman, or other legitimate sources.
It can be blended with legal oils to further disguise your chemical fingerprints and sell them in the global market.
However, market sources say the unique sulfur levels of Iranian oil are a dead giveaway if someone wanted to check.
China is gaining much more because it pays Iran 30% to 50% less for oil than it pays in a legitimate market.
Biden apologists such as his longtime energy tour Amos Hochstein (who met famously with Hunter Biden in 2015 and discusses his favourable involvement with the corrupt Ukrainian energy company Brisma of then-President Wies' son) argued that sanctions work well without being properly enforced, as they could reduce revenues like Iran and Russia.
“Our ultimate policy is that I need to have enough oil in the market to ensure there is demand there and the economy works,” Hochstein told Bloomberg last year during a discussion on sanctions enforcement over Iran and Russia.
But as economists point out, the problem with Biden's loose enforcement in Iran is that China and Mullah will become rich, despite the burden on Iranian households facing 35% inflation.
“Maximum pressure”
Last month, the Trump White House announced a “maximum pressure campaign” in Iran, designed to ruin an already buckled economy.
“We will close access to Iran's international financial system by targeting regional parties that promote revenue transfer,” Bescent said.
“We intend to shut down Iran's oil sector and drone production capabilities,” he said. “If economic security is national security, then neither will Tehran have power.”
In a good police officer move that coincided with Bescent's harsh speech on Thursday, President Trump sent a letter to Iran's supreme leader Ayatollah Ali Khamenei politely suggesting that he faces a deal or military action.
“You can't have them with nuclear weapons, so we have to do something,” Trump told Fox News host Maria Bartilomo on Sunday.
Ayatollah reportedly refused to overture, and ironically criticised Trump as a “bully.”
Iran is just one of the unholy messes that Biden left to fix to Trump. God Speed.
