The fresh sanctions slapped on Iran’s petroleum industry last week by the Biden administration in retaliation for Tehran’s massive missile attack on Israel came “too late,” former CIA analyst Fred Fleitz said Monday on Newsmax.
“Iran has not been subject to American sanctions, the major sanctions, the oil sanctions, since Biden came into office. Iran is $100 billion richer today than when [Donald] Trump left office because of this,” Fleitz said on “Newsline.”
“And where did that money go? They used it towards their missile program, their nuclear program, Hezbollah, the Houthi rebels, and they paid for the Hamas terrorist attack of Oct. 7, 2023. If it was not for Joe Biden and his incompetent foreign policy, Iran would be basically broke, and Hamas would not have had the money to plan that horrendous massacre.”
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