Free Republic

With a president like Joe Biden, who needs enemies? It’s a question worth asking as Iran, the world’s leading state sponsor of terror, recently announced his administration is rolling back strong Trump-era sanctions, including restrictions on its sale of oil. For a nation sitting on 157 billion barrels of reserve oil ($11.7 trillion value in the current market), and the ability to export more than $2 million barrels of excess capacity per day worth $140 million, it is a substantial economic reward that could end up fueling terror in the region. It’s estimated that Iran funneled more than $16 billion...

Department of Justice Office of Public Affairs FOR IMMEDIATE RELEASE Tuesday, February 11, 2020 The Department of Justice today announced that the following defendants were arrested and charged by Complaint on charges of conspiracy and violating the International Emergency Economic Powers Act (IEEPA) based on their attempt to transact in sanctioned Iranian oil: Nicholas Hovan, 33, of New York, NY;Zhenyu Wang, a/k/a “Bill Wang,” 39, of Dallas, TX;Robert Thwaites, 30, of Dallas, TX;Nicholas James Fuchs, 26, of Dallas, TX; andDaniel Ray Lane, 38, of McKinney, TX. The defendants are each charged with one count of conspiracy and one count...

Kerry Has Investments in Companies Accused of Violating Iran Sanctions Daniel Halper December 21, 2012 12:59 PM John Kerry, who will be nominated later today to be the next secretary of state, is the richest member of the U.S. Senate. His estimated net worth is, at minimum, $198.65 million, according to disclosure forms. Kerry's disclosure forms also reveal that he has invested in companies accused of doing business with Iran. One of the companies Kerry is invested in is called Petroleo Brasileiro SA Petrobras (Petrobras), it's a Brazilian-based oil and gas corporation. Disclosure forms reveal that Kerry has between $150,000...