In a warfare with Israel, Iran would want cash. Not simply to purchase weapons and maintain its financial system afloat, however to re-arm militias resembling Hamas and Hizbullah. Many assume that, after years of sanctions, it will wrestle. They’re improper. Yearly Iran funnels tens of billions of {dollars} from illicit oil gross sales to financial institution accounts all around the world. This enormous, 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 gas the mom of all of them.



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