Washington, D.C. — Following American airstrikes targeting the regime in Iran, Power The Future Founder and Executive Director Daniel Turner issued the following statement:
"Iran's regime relies on illegal oil revenues to fund its military ambitions and terrorist operations around the world, which underscores the importance of American energy dominance achieved under the policies of the Trump Administration. American families are better shielded from potential disruptions to global oil markets because of our record domestic oil and natural gas production. Our energy workers continue to provide the buffer against the actions of evil regimes like Iran's, and against the worst impacts of geopolitical instability."
Key Energy Facts on Iran:
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Iran produces about 3.3 million barrels of oil a day.
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China is the primary buyer. Over 80% of Iran's crude exports go to China — roughly 1.3–1.4 million barrels per day in 2025. Iranian oil accounts for about 13–14% of China's seaborne crude imports.
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Iran's military benefited three times more from oil exports under Joe Biden. Iranian oil revenues hit $53 billion in 2023 compared with $54 billion in 2022, $37 billion in 2021 compared to $16 billion in 2020.
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Energy exports are the backbone of Iran's military and regional influence funding including Hamas and Hezbollah.
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