Iran’s Illicit Oil Sales Help Fuel Mass Military Buildup
Free Beacon
The Biden administration’s lax enforcement of sanctions on Iran’s illicit oil trade has allowed the hardline regime to infuse more than $15 billion into its military and terrorist proxies during the past two years, according to analysis by a watchdog group. Iranian military spending significantly jumped in 2022 as the regime got more access to cash through its multibillion-dollar trade in illicit oil—cash that made its way to the regime as a result of the Biden administration’s decision not to enforce U.S. sanctions, according to United Against a Nuclear Iran (UANI), a watchdog group that tracks the regime’s oil sales and military spending.
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Eye on Iran is a news summary from United Against Nuclear Iran (UANI), a section 501(c)(3) organization. Eye on Iran is available to subscribers on a daily basis or weekly basis.