Iranian oil

On all the news outlets both print and TV there is agreement that Iran is the basic supplier of funds and weapons to groups like Hamas and Hezbollah. In 2016 Obama released the freeze on $150 billion dollars in Iranian assets that were being held in various countries. He also sent $1.7 billion dollars in cash which included $400 billion in money that was owed to Iran for many years which included $1.3 billion in interest. Why he decided to do this after many years was never explained. Oil exports from Iran dropped each year during the Trump administration falling from over 2 million barrels per day in 2016 down to 400 thousand in 2020. Since then oil exports have increased. 2023 saw the highest volume of Iranian exports since 2018, when the Donald Trump administration unilaterally left the 2015 Iran nuclear deal and reimposed all sanctions. Reuters reported that Iranian oil production increased to 3.15 million barrels per day (bpd) this month, the highest figure since 2018. Much of the money that Iran uses to support the various terror groups comes from the sale of oil.