Iran’s revenue soars under Biden’s lax sanctions enforcement
Iranian oil tanker in Carabobo, Venezuela / Getty Images Iran’s illicit oil exports have hit a five-year high under the Biden administration, which has refrained from seizing Tehran’s outlaw tankers even though authorities have had at least half-a-dozen credible leads, according to intelligence information collected by Congress and provided to the Washington Free Beacon .
Iranian oil exports—a principal source of income for Tehran’s cash-strapped regime—increased by 35 percent from 2021 to 2022, indicating that the Biden administration is not enforcing sanctions meant to prevent these sales. Record oil revenues have enabled Iran to boost pay for its regional terror proxies and cause havoc in the Strait of Hormuz, a critical shipping lane where Tehran routinely harasses U.S. military vessels and seizes commercial shipping boats.
Iran has tried to abduct five ships since April, and has “harassed, attacked, or seized nearly 20 internationally […]
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