Iran Has Made Nearly $200 Billion In Illegal Oil Sales Under Biden-Harris

Iran’s illegal oil sales have exploded under the Biden-Harris administration, providing a much larger sum of cash than was previously known to the Islamic regime that it has used to fund terrorism throughout the Middle East.

The U.S. Energy Information Administration (EIA) said in a newly released report that Iran has made $144 billion in oil sales under the administration.

The report showed that Iranian oil revenues more than doubled during the administration’s first year in office, from $16 billion during former President Donald Trump’s last year in office to $37 billion in 2021.

Iran earned more than $53 billion during both 2022 and 2023.

The EIA warned that the real numbers could be even higher because Iran will use smaller vessels to transport the oil, which can avoid detection.

“Iran uses several obfuscation techniques such as turning off its ship identification signals, applying ship-to-ship transfers, or relabeling cargoes as originating from other countries for both crude oil and oil products, which increases the challenge of providing precise export data,” the report said.

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The Free Beacon reported that Iran has already exported more than $34 billion in 2024, meaning the regime has collected at least $178 billion in oil exports under the administration.

Claire Jungman, director of United Against a Nuclear Iran’s (UANI) Tanker Tracking Program, told the publication that the numbers should serve as a “catalyst for the administration to enforce sanctions more aggressively on vessels transporting Iranian oil.”

“The illicit activity detailed in the report underscores the need for firm action to hold these vessels accountable and ensure that sanctions are effectively implemented to curtail Iran’s ability to export oil in violation of U.S. sanctions,” she added.

The $178+ billion Iran has earned under the administration does not include $16 billion in funds that the administration unfroze for Iran to access, including $10 billion in electricity revenues and $6 billion in frozen oil revenues.