This month’s newsletter features a policy brief on the consequences of triggering the snapback mechanism of U.N. Security Council resolution 2231. Though it would not halt Iran’s nuclear advances, triggering snapback would allow Europe and the United States to make use of the expanded measures provided for in previous Security Council resolutions to combat the pressing proliferation challenges posed by Iran. The newsletter also includes profiles of companies sanctioned by the U.S. Commerce Department in 2021 for supplying Iran with U.S.-origin items useful to Iran's military industries, as well as news about a drone attack on an Iranian defense facility, Iran’s growing stockpile of highly enriched uranium, a year-end uptick in Iranian oil exports, and a European Parliament vote supporting the listing of the Islamic Revolutionary Guard Corps (IRGC) as a terrorist group. Additions to the Iran Watch library include Western sanctions announcements related to drones and human rights as well as several recent U.S. law enforcement actions.