The Islamic Republic of Iran has raked in billions of additional dollars in oil revenue thanks to Biden-Harris administration policies.
A Biden-Harris admin report found that its policy of lifting sanctions on Iran has allowed the largest state sponsor of terrorism in the world to make billions of dollars on petroleum, the Daily Caller reported. The regime has flourished after the administration eased up on Trump-era financial restrictions.
Iran was under the thumb of former President Donald Trump thanks to “maximum pressure” sanctions imposed on the nation. Revenue from oil cratered from $65 billion in 2018 to $16 billion in 2020.
The exact opposite has happened under President Joe Biden, according to the 2024 Report on Iranian Petroleum and Petroleum Product Exports from the Department of Energy. As he eased sanctions against Iran, revenue rebounded each year, beginning with his first year in office. […]
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