evidence: Biden’s $90 Billion Bailout to Tehran [...] The JCPOA infused Iran with cash. Right before the United States reimposed sanctions in 2018, Iran’s central bank controlled more than $120 billion in foreign exchange reserves. U.S. sanctions locked tens of those billions away in escrow accounts, and financial pressure forced Iran to draw down the accounts that remained open. After only two years of the maximum pressure campaign, Iran was down to a meager $4 billion in reserves. Meanwhile, U.S. energy sanctions cut Iran’s oil exports by more than 2 million barrels per day, depriving the regime of $70 billion that typically funds its budget. The massive reversal of fortunes left Iran with barely any economic options, and the regime was forced to cut payments to its regional terror proxies. While Iran fended off collapse, much of the rest of the Middle East breathed a sigh of relief. Several countries in the region made historic peace with one another. Progress made by the Abraham Accords—which were struck in August 2020 by Israel, the United Arab Emirates, and the United States—were contagious.