Web
Analytics

Iran Exploiting Biden’s Corrupt Non-Enforcement of US Sanctions To Export Fuel

The Trump Administration hit Iran with biting economic sanctions, which devastated Iran’s economy and their foreign reserves. These sanctions (along with the Trump military option) would have forced Iran to make an acceptable deal on their nuclear program. However, the Biden Administration has eliminated America’s leverage when negotiating with Iran. And after the Biden Administration’s disastrous withdrawal from Afghanistan, they have eliminated America’s credibility as well. Iran will continue to work relentlessly to obtain a nuclear weapon.

Related: Iran Found To Have WEAPONS-GRADE URANIUM Immediately After Fall Of Afghanistan

Quick note: Tech giants are shutting us down. You know this. Twitter, LinkedIn, Google Adsense, Pinterest permanently banned us. Facebook, Google search et al have shadow-banned, suspended and deleted us from your news feeds. They are disappearing us. But we are here. We will not waver. We will not tire. We will not falter, and we will not fail. Freedom will prevail.

Subscribe to Geller Report newsletter here — it’s free and it’s critical NOW when informed decision making and opinion is essential to America's survival. Share our posts on your social channels and with your email contacts. Fight the great fight.

Follow me on Gettr. I am there, click here. It's open and free.

Remember, YOU make the work possible. If you can, please contribute to Geller Report.

Iran taking advantage of lax enforcement of US sanctions to export fuel

“Suppose Iran flaunts U.S. conditions for the nuclear deal, and the Biden administration still insists on folding and concluding this transaction. It will further undermine its stature and credibility and damage America’s reputation with allies and foes alike,” says Ariel Cohen at the Atlantic Council think tank.

By JNS, August 28, 2021

As Israeli Prime Minister Naftali Bennett meets with U.S. President Joe Biden in the White House in the midst of U.S. force withdrawal from Afghanistan, the Iranian file will soon take center stage. Experts tell JNS that existing sanctions are becoming problematic, as they tend to wear down over time as workarounds are found. They also say that the current administration has been lax in enforcing them—sanctions that were put in place by the former administration.

Patrick Clawson, a senior fellow and director of research at the Washington Institute for Near East Policy, tells JNS that in blocking Iranian energy exports, “the U.S. government’s objective has been to prevent Iran from getting resources it can use elsewhere.”

“While fuel exports to Lebanon are unlikely to produce money for Iran, they will give Hezbollah a potent way to raise cash, which means Tehran needs to send the group less. So such exports are a setback for U.S. policy,” he explains.

“Fuel exports to Afghanistan produce a flow of cash: We are talking small traders on both sides, and Afghan banks are not working,” adds Clawson.

It is useful for the Iranians involved and marginally useful for the Iranian government since the price for the exported fuel products is low; the government makes little off them, he says. “I would be surprised if this is more than 20,000 barrels a day, even though officially it is less than 10,000, but there is a fair amount of smuggling.”

Ariel Cohen, a senior fellow at the Atlantic Council think tank who consults businesses on risk assessment and energy worldwide, tells JNS, “To allow Iran to flaunt sanctions and supply fuel to Lebanon in violation of the sanctions will be a serious challenge for the Biden administration.”

With the ascendance of President Ebrahim Raisi to power, the pace of Iran’s aggressive moves that violated the sanctions regime is growing, including international piracy that has been seen this year in the Gulf, continues Cohen.

Iranian Foreign Ministry spokesperson Saeed Khatibzadeh said this week that Tehran is prepared to ship more fuel to Lebanon if needed. “We sell our oil and its products based on our own decisions and the needs of our friend. Iran is ready to send fuel again to Lebanon if needed. Certainly, we cannot see the suffering of the Lebanese people,” he stated.

According to Reuters, Iran restarted gasoline and oil exports to Afghanistan in recent days after a request from the Taliban, said Iran’s Oil, Gas and Petrochemical Products Exporters’ Union on Monday.

Meanwhile, Raisi called on Japan to release frozen funds because of U.S. sanctions, Iranian state T.V. reported after meeting this week with the visiting Japanese foreign minister.

“Access to the frozen funds in Japan, Korea and India has been minimal because of the combination of official foot-dragging and commercial banks being unwilling to handle unauthorized transactions,” says Clawson. “I suspect the latter will continue.”

Iran has had greater access to its funds in China, he says. “This is mostly barter trade: The Chinese buyer pays into an account in a Chinese bank, which is then used to buy goods for export to Iran.”

Suppose the goods in question are humanitarian—food, medicine and such. In that case, explains Clawson, “this is theoretically permitted by the U.S. government. However, it wants to closely vet who is handling the transaction on the Iranian side to make sure no sanctioned entity, such as an IRGC [Islamic Revolutionary Guard Corps]-linked firm, is involved, and that simply does not happen.”

Have a tip we should know? Your anonymity is NEVER compromised. Email tips@thegellerreport.com

The Truth Must be Told

Your contribution supports independent journalism

Please take a moment to consider this. Now, more than ever, people are reading Geller Report for news they won't get anywhere else. But advertising revenues have all but disappeared. Google Adsense is the online advertising monopoly and they have banned us. Social media giants like Facebook and Twitter have blocked and shadow-banned our accounts. But we won't put up a paywall. Because never has the free world needed independent journalism more.

Everyone who reads our reporting knows the Geller Report covers the news the media won't. We cannot do our ground-breaking report without your support. We must continue to report on the global jihad and the left's war on freedom. Our readers’ contributions make that possible.

Geller Report's independent, investigative journalism takes a lot of time, money and hard work to produce. But we do it because we believe our work is critical in the fight for freedom and because it is your fight, too.

Please contribute here.

or

Make a monthly commitment to support The Geller Report – choose the option that suits you best.

Pin It on Pinterest