{"id":2086649,"date":"2023-11-01T11:51:02","date_gmt":"2023-11-01T15:51:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/with-irans-oil-trade-booming-republican-senator-pushes-effort-to-seize-tankers\/"},"modified":"2023-11-01T11:55:14","modified_gmt":"2023-11-01T15:55:14","slug":"with-irans-oil-trade-booming-republican-senator-pushes-effort-to-seize-tankers","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/with-irans-oil-trade-booming-republican-senator-pushes-effort-to-seize-tankers\/","title":{"rendered":"GOP Senator Pushes to Seize Iranian Tankers Amidst Oil Trade Surge"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fwith-irans-oil-trade-booming-republican-senator-pushes-effort-to-seize-tankers%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2086649&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><blockquote>\n<h2>Iran oil proceeds topped $80 billion under lax sanctions enforcement<\/h2>\n<figure><figcaption>(Mark Segar and Leah Millis\/Reuters)<\/figcaption><\/figure>\n<\/blockquote>\n<div>\n<p>Since the Biden administration took office, \u2063Iran&#8217;s oil proceeds have soared past $80 billion.\u2063 Now, a Republican senator, Joni\u200c Ernst from\u200c Iowa, is \u2064introducing\u200b a bill that aims to expedite federal funding for\u2064 operations\u200c to\u200d seize Iranian tankers. The profits from these \u200dseizures would then\u2064 be used to\u2064 support American victims of terrorism.<\/p>\n<p>The bill, obtained by the <em>Washington Free Beacon<\/em>, seeks to eliminate bureaucratic obstacles that have hindered\u200b the \u2063Department of Homeland Security (DHS) from capturing Iranian\u200d oil ships before they can unload their illicit cargo. The DHS&#8217;s investigations bureau, responsible for monitoring Iran&#8217;s oil trade, claims that &#8220;policy\u2063 limitations&#8221; \u200bimposed \u2062by \u200cthe\u2063 Biden Treasury\u200c Department have prevented \u2063them from fulfilling their mission. As a result, Iran&#8217;s <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/cash-bonanza-iran-has-made-44-7-billion-in-illegal-oil-sales-since-biden-took-office\/\" title=\"Cash Bonanza: Iran Has Made .7 Billion in Illegal Oil Sales Since Biden Took Office\">illegal oil trade<\/a> has surged by 35%\u2064 in the past year, providing significant revenue to terrorist proxy groups like Hamas.<\/p>\n<p>Given Iran&#8217;s\u200c support \u2062for Hamas&#8217;s \u2062recent attacks on Israel, Ernst&#8217;s bill is\u2062 expected to gain support. Iran&#8217;s oil trade, which has flourished under\u200c the\u200d Biden administration, serves as a crucial \u200cfunding source for the \u2063hardline regime, enabling them to arm and train Hamas fighters \u200dand other proxy groups\u200b in \u2064the region. Both Democrats and Republicans\u200c have \u2062expressed their desire to crack down on \u2064Iran&#8217;s funding streams.<\/p>\n<p>While U.S. sanctions on\u2062 Iran&#8217;s oil business remain in \u2063place, the Biden administration has chosen not to enforce them \u2064as a \u2063means of \u200dcoaxing Tehran into renegotiating\u2062 the 2015 \u200bnuclear deal. However, lawmakers like Ernst argue that this policy\u200d has only emboldened Iran&#8217;s terrorism activities, necessitating congressional intervention to curb their booming oil trade.<\/p>\n<p>Ernst stated, &#8220;Right \u2063now, we are witnessing the chaos Iran-backed Hamas\u2064 is inflicting on \u200dIsrael and the\u200c world, funded by \u200dthe IRGC&#8217;s illicit oil \u200bsales. Instead of allowing Iran&#8217;s \u200dillegal actions to continue, I&#8217;m working \u200cto cut the \u2064red tape and equip DHS, \u2062with its\u2062 proven record of enforcing sanctions, with the support and resources it needs\u2064 to go after \u200band\u2064 stop \u200cTehran.&#8221;<\/p>\n<p>The proposed legislation \u2063includes \u200cthe establishment of \u200dan Iran sanctions enforcement fund within the Treasury Department. This fund would facilitate the swift seizure of Iranian oil \u200btankers that \u2064transport crude to countries like China, \u200cVenezuela, and other malign regimes.<\/p>\n<p>The proceeds from these seizures\u2064 would be used to support American victims of\u2062 terrorism and \u2062reduce\u2063 the national debt. Ernst emphasized the importance of removing this \u200dmoney from Iran&#8217;s control to provide greater assistance to terrorism victims and \u2062address the country&#8217;s debt burden.<\/p>\n<p>The bill also\u200d allocates $150 million in funding \u200cfor investigating Tehran&#8217;s shipping methods,\u200c compensating potential informants, acquiring vessels and equipment, and strengthening operations aimed at enforcing sanctions. \u200bAdditionally, the federal government would \u2062be required to provide Congress with \u200da comprehensive list of each seizure or forfeiture carried\u2063 out \u200cunder the bill.<\/p>\n<p>Under the Biden administration, the rate of seizures has \u200csignificantly declined. Despite concerns raised by Ernst\u200c and other lawmakers \u200cin May, Iran&#8217;s\u200b oil trade\u200c continues to thrive. Earlier this year, the United\u2063 States possessed\u2063 reliable intelligence on at least six Iranian ships but \u2063failed to\u200c take action, as reported by the <em>Free \u200bBeacon<\/em> in August.<\/p>\n<\/div>\n<p> <\/p>\n<h2> \u2064 Why is it crucial to \u200bhave stricter enforcement of sanctions on \u200dIran&#8217;s oil trade in order to curb their funding\u2062 of illicit activities and support for terrorism<\/h2>\n<p><span>  Maintaining diplomatic negotiations with Iran regarding its nuclear \u2064program. However, this leniency has allowed Iranian \u200boil \u2063proceeds to skyrocket, reaching\u2063 over $80 billion. Critics argue\u200c that lax\u2064 sanctions enforcement \u2064has inadvertently \u2062supported Iran&#8217;s illicit activities and terrorist proxy groups, necessitating swift action to curb these activities.<\/p>\n<p>Senator Joni Ernst&#8217;s bill, designed to expedite federal funding for \u2063operations targeting Iranian tankers, aims to rectify this\u200d issue. By eliminating bureaucratic \u200dobstacles that have hindered the Department of Homeland \u2064Security (DHS) from seizing\u200b Iranian oil ships, the bill seeks to\u2064 disrupt the flow \u200bof illicit Iranian oil\u2064 trade. \u2064The profits from these \u2063seizures would then be allocated to support \u200cAmerican victims of terrorism, providing much-needed assistance to those\u200c affected.<\/p>\n<p>The DHS&#8217;s investigations\u2062 bureau, \u2064responsible for monitoring Iran&#8217;s oil trade, contends that\u2062 &#8220;policy limitations&#8221; imposed by the Biden Treasury Department have impeded their ability\u200c to fulfill their mission effectively. \u200cAs a result, Iran&#8217;s illegal oil trade has surged by 35% \u2062in \u2062the past year,\u200b providing significant revenue to terrorist proxy groups like Hamas.\u200b Given Iran&#8217;s support for Hamas&#8217;s recent attacks on \u200cIsrael,\u200d there is an expectation that Senator Ernst&#8217;s bill will garner bipartisan support.<\/p>\n<p>The \u200c<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/with-irans-oil-trade-booming-republican-senator-pushes-effort-to-seize-tankers\/\" title=\"GOP Senator Pushes to Seize Iranian Tankers Amidst Oil Trade Surge\">flourishing oil\u200d trade \u200dserves<\/a> as a\u2064 critical funding source for Iran&#8217;s hardline regime, enabling them to arm and train Hamas fighters and \u200cother proxy groups in the region. Both Democrats\u2062 and Republicans have expressed their desire to crack down on Iran&#8217;s \u200dfinancial streams to hinder its support for \u200bterrorism.<\/p>\n<p>While U.S. sanctions on Iran&#8217;s\u200c oil business remain in place,\u2064 the Biden administration&#8217;s choice not to enforce them as\u200d a means of engaging in diplomatic negotiations with Iran has \u2062allowed\u200c the \u2064country&#8217;s oil\u2063 proceeds \u2063to surge. This\u2063 situation highlights\u2064 the need for \u2062stricter enforcement of sanctions to prevent Iran from further funding illicit activities and\u200c terrorist organizations.<\/p>\n<p>In conclusion, Iran&#8217;s \u2063oil proceeds\u2062 have exceeded $80 billion under lax sanctions enforcement. \u200bSenator Joni \u2063Ernst&#8217;s bill seeks to rectify this issue by expediting federal funding for operations targeting Iranian tankers. By disrupting their <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/report-iranian-missile-strikes-israeli-ship\/\" title=\"Report: Iranian Missile Strikes Israeli Ship\">illicit oil trade<\/a>, \u200dthe bill aims to support American victims \u200bof terrorism and hinder Iran&#8217;s support for terrorist proxy groups. Stricter enforcement \u200cof sanctions is crucial to curbing Iran&#8217;s funding of illicit activities and ensuring global security.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>for victims of Iranian-sponsored terrorism. The senator aims to address lax sanctions enforcement and ensure that the seized funds are utilized for a noble cause, benefiting those affected by Iran&#8217;s support of terrorism.<\/p>\n","protected":false},"author":117,"featured_media":2086650,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[544],"tags":[],"class_list":["post-2086649","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-free-beacon"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2086649","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/117"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2086649"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2086649\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2086650"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2086649"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2086649"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2086649"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}