Trump’s Iran Policy Puts Focus on $30 Billion-a-Year Oil Revenue

Donald Trump could blow a $30 billion hole in Iran’s economy should he return to a maximum pressure campaign on Tehran.

Over the past four years, sanctions evasion and more relaxed US enforcement have allowed the Middle Eastern nation to boost oil exports by about 1 million barrels a day, with most of the supply going to China, according to Bloomberg’s tanker tracking data and estimates by commercial and government organizations. But that could change quickly.

The incoming president’s key advisers are looking at a big sanctions package that hits major players in Iran’s oil industry, which could come as ...