Tag: Iran sanctions

Thanks To Trump, The Mullahs Are Going Bankrupt

Authored by Majid Rafizadeh via The Gatestone Institute,

The critics of President Trump’s Iran policy have been proven wrong: the US sanctions are imposing significant pressure on the ruling mullahs of Iran and the ability to fund their terror groups.

Before the US Department of Treasury leveled secondary sanctions against Iran’s oil and gas sectors, Tehran was exporting over two million barrel a day of oil. Currently, Tehran’s oil export has gone down to less than 200,000 barrel a day, which represents a decline of roughly 90% in Iran’s oil exports.

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Trump Kicks the Sanctions Can on Iran Oil

Guest Post by Tom Luongo

Sanctions on Iran have failed. The weakness of the U.S. position in the oil markets is now complete. Donald Trump’s Energy Dominance strategy has failed.

The announcement by Secretary of State Mike Pompeo (R – The Eschaton) that no more sanctions waivers will be granted to importers of Iranian oil. Those that do so will face sanctions.

But let’s look at what is actually on the table. Waivers will be extended to a year from now during a ‘wind-down’ period. But, I thought these past six months were the ‘wind down’ period Don?

I told you these would get extended the minute they were granted. Because three of these countries — India, Turkey and China — are in open revolt over the policy.

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