The urgent threats posed by the Iranian regime: Atlantic Council experts testify before the US House Committee on Homeland Security

Atlantic Council

"According to United Against Nuclear Iran (UANI), a nonpartisan group that tracks Iranian energy sales, in August 2020, Iran was exporting an average of 749,000 barrels of oil per day.39 In August 2023, its exports were up to an average of 1,932,000 barrels per day. In 2020, Iran sold $12.5 billion of oil. That number jumped to $43 billion in 2022.40 Between January 2021 and September 2022, the regime’s oil sales to China alone totaled $38 billion.41 In all, UANI estimates that Iran has been able to sell eighty billion dollars of oil since January 2021.42 Eighty billion dollars can buy a lot of bombs."