Summary:

1. Iran’s offshore oil reserves in Asian waters were fully depleted by mid-October under a U.S. naval blockade. The tap is dry for China.

2. The blockade has denied Tehran at least $25 billion in oil revenue, hurting its ability to replace weapons.

3. Oil sales represent about 30% to 40% of the Iranian government’s revenue.

4. Meanwhile, oil from elsewhere in the Middle East is flowing, recently exceeding prewar levels.

https://www.wsj.com/world/middle-east/ir...re_6_pos_1

The best hope for Iran is a Dem controlled House and Senate and a return to the good old days of bribery and appeasement to allow them to develop nukes and harm and kill Americans.