The Islamic Republic of Iran is an enemy of the United States.
openly trade with Iran. Why does the Biden administration allow this to happen? The U.S. should pressure all countries to cease all economic transactions with Iran.
Most importantly, the U.S. should tighten and enforce the sanctions on Iran’s oil industry. Revenues from oil exports account for a third of total government revenues. Reducing Iranian oil exports will go a long way to strangling economic activity in the country. Washington must pressure India, Malaysia, Singapore, and the United Arab Emirates, the countries that continue to engage in oil and oil-related financial transactions with Iran. Creative solutions are also due. The U.S.
Tighten and enforce the oil sanctions. Create a climate of certainty in U.S. oil policy. These two straightforward actions will be effective in hitting Iran where it hurts, its state treasury.
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