The U.S. government has continued its attempts to shut down Iran’s oil exports, and in recent days Iranian officials responded by threatening to block the Strait of Hormuz. Such an outcome is highly unlikely, but the war of words demonstrates how quickly the confrontation is escalating. Oil prices spiked in late June when a U.S….
No understanding in the White House of what might come next. President Donald Trump makes a point of insisting that he has nothing against the Iranian people and is only interested in opposing what he regards as the dangerous activities of their government, but his own record in office belies that claim. It is clear…
Trump is using everything he’s got to wage economic war on Iran. His problem is that ‘everything he’s got’ is not nearly enough, as the virtual monopoly power once wielded by the US has long since evaporated. Last week, a senior state department official announced the US’ intention to cut Iranian oil exports “to zero”…
As American motorists complain of rising gasoline prices, the Trump Administration and the oil and banking interests behind it are smiling on their way to the proverbial bank. If we look at seeming disparate events in Iran, in Venezuela and now in Libya it becomes clear there is a coherent strategy to promote disruption in…
Iran’s insistence that Europe do more to preserve the nuclear deal suggests that it’s worried about becoming too strategically dependent on Russia in the coming future and is anxious to find a “balancing” partner before that happens. Iranian President Rouhani is in Europe trying to get the three relevant signatories to the 2015 nuclear deal…
Last week, the US State Department said that Washington will attempt to persuade its allies to stop purchasing oil from Iran completely by early November. Reportedly, negotiations are already underway with representatives from India and China. Afterwards, Iranian President H. Rouhani said that he considers the USA’s wish to stop Iranian oil exports is not…
