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Inside the secret oil trade that funds Iran’s wars

by Euro Times
October 18, 2024
in Finance
Reading Time: 1 min read
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In a struggle with Israel, Iran would wish cash. Not simply to purchase weapons and maintain its financial system afloat, however to re-arm militias equivalent to Hamas and Hizbullah. Many assume that, after years of sanctions, it might battle. They’re incorrect. Yearly Iran funnels tens of billions of {dollars} from illicit oil gross sales to financial institution accounts all around the world. This big, secret treasure was used to fund Hamas’s assault on Israel a yr in the past, swarms of Russian drones in Ukraine and Iran’s personal nuclear programme. It has already seeded many crises—and will quickly gasoline the mom of all of them.



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Tags: fundsIransOilSecretTradewars
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