Liberal Critics Wrong Again: Trump’s Iran Sanctions Destroying Iranian Economy

Conservative Firing Line | 1/3/2019 | Staff
MonkeyBubble (Posted by) Level 3
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In May 2018 when President Trump pulled out of Obama’s horrible Iran deal and announced that America would be reimposing the U.S. sanctions against Iran that were in place before the JCPOA, the liberals went crazy. They claimed unless the U.S. was able to revive the UN sanctions against Iran also and get cooperation from the other P5+1 countries, the sanctions would have no effect.

However, the latest news from the rogue regime proves that the liberals have no idea what they were talking about, the reimposed sanctions are destroying the Iranian economy. The first round of sanctions limited Iran’s non-oil related business and was imposed on August 4th. The second round covered oil-related businesses and was effective on Nov. 4th.

Figures - Government - Radio - Farda - Persian

Using figures released by the Iranian government, Radio Farda (the Persian language broadcaster of Radio Free Europe/Radio Liberty) reported Iran’s non-oil exports have halved since the US imposed its second round of sanctions on Nov. 4th.

THE COUNTRY EXPORTED ONLY $1.867 BILLION NON-OIL GOODS DURING NOVEMBER 21-DECEMBER 22, LESS THAN HALF OF IRAN’S MONTHLY AVERAGE DURING THE CURRENT FISCAL YEAR, WHICH STARTED ON MARCH 21, 2018.

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THE PLUNGE IN EXPORTS WAS PARTLY DUE TO A COMPLETE STOPPAGE IN ULTRA-LIGHT OIL (GAS CONDENSATE) SALES, WHICH IRAN INCLUDES IN NON-OIL EXPORT BASKET. THE MONTHLY GAS CONDENSATE EXPORT HAS AVERAGED AT ABOUT $330 MILLION, OR ONLY A SEVENTH OF THE DROP IN TOTAL NON-OIL EXPORTS DURING NOVEMBER 21-DECEMBER 22.

Iran - Oil - Exports - President - America

Iran’s oil exports are also down. When President announced America was leaving the JCPOA in May 2018, Iran was exporting about 2.4 million barrels of oil each day. Six months later (November 2018) exports were down to 1.1 million barrels a day. The most significant drop began after the August sanctions which did not...
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