Iran prospers since Biden election
Washington Free Beacon:
Cash Bonanza: Iran Has Made $44.7 Billion in Illegal Oil Sales Since Biden Took Office
Tehran slated to sell China $27 billion in oil this year
Iran's illegal oil trade has boomed under the Biden administration, with the hardline regime selling more than $44 billion worth of its heavily sanctioned oil to malign regimes like China, Syria, and Venezuela, according to figures published by a watchdog group.
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In addition to looser sanctions on Iran, the Biden administration has turned a blind eye to enforcement as it seeks to ink a revamped version of the 2015 nuclear deal. These moves are meant to appease Iran and cajole it into signing a deal that will remove virtually all sanctions on the hardline regime, including its oil trade. China is the primary beneficiary of this policy, with Iranian oil imports quadrupling to the country in 2021 to $23.1 billion. The China-Iran oil pipeline is on pace to hit around $27 billion in 2022, according to UANI's figures.
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Iran has recently become something of an ally with Russia too. Rogue states are contributing to Iran's income in a big way.
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