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Possible Economic Warfare By Iran ?

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Oil embargo best response to nuclear boycott

By Hassan Hanizadeh

Thursday’s resolution of the International Atomic Energy Agency Board of Governors, issued under pressure from the United States and the European Union big three, actually indicated that the status of international organizations, including the IAEA, has declined seriously in the face of the blackmail of the neocolonialist powers.

The resolution was ratified despite the fact that the Islamic Republic had proven its good faith and observed all IAEA regulations.

Unfortunately, under the tutelage of the U.S., the EU trio of Britain, France, and Germany drafted an unfair resolution against Iran by fostering disunity among the member states of the Non-Aligned Movement (NAM).

The resolution, which violates the terms of the Tehran and Paris accords, was ratified to meet the objectives of the Zionist regime and the United States.

Many political analysts say the IAEA resolution also violates the terms of the nuclear Non-Proliferation Treaty because the NPT states that signatories have the right to access nuclear technology meant for peaceful purposes.

The double-standard policy applied by the U.S. and other Western countries to the nuclear issue and other global issues is one of the most significant challenges facing the modern world.

Although several countries, including the Zionist regime, Pakistan, and India, are producing nuclear weapons, and most of them have conducted nuclear tests, the United States and its Western allies are trying to deprive Iran of its right to gain access to civilian nuclear expertise.

This double standard on international issues obliges NAM members, including the Islamic Republic of Iran, to review their relations with the West.

The U.S. and other Western countries are making use of the natural resources of various countries, including the fossil fuel resources of the Middle East, to power their military and civilian industries.

The continuation of the unequal relationship between Third World countries, particularly Muslim countries, and the U.S. and other Western countries, which have adopted an unfair attitude, will never benefit the countries of the global South.

Therefore, the oil-rich countries, including Iran, which possess the most significant pressure lever, should wisely use this tool to punish the Western neocolonialist countries.

Oil is the lifeline of the West, and most of the West’s military industries are dependent on it. Therefore, it is the most potent economic weapon for settling scores with neocolonialist countries.

The Iranian nation clearly has the right to stand up to the dictatorship of the EU3 and the U.S., and the best act of resistance would be to impose an embargo on oil sales to those countries.

Iran is a country with great potential to respond to Western meddling.

Therefore, after consulting with some OPEC countries, Iran should propose plans to confront the hegemonistic actions of the West.

Islamic countries must unite and formulate a political strategy to respond to Western neocolonialist countries, since the efforts to prevent Iran from accessing nuclear technology are the first step in the plan to prevent other Islamic and Third World countries from developing this vital technology.

Question

IF IRAN WERE TO SUPSEPEND / REDUCE IT'S OIL CONTRIBUTION WOULD THIS SEND THE PRICE OF OIL TO 100 $ + PER BARREL AND CREATE A RECESSION IN WESTERN COUNTRIES ?

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This has been discussed fairly extensively on other threads most of which have been resigned to the off-topic forum (quite rightly)

Iran primarily supplies China and Japan with oil. They would damage the west from an oil spike but they would do more damage to their immediate customers who may not thank them for it.

Also the biggest barrier to the US invading Iran is fear of oil supply disruption. If Iran do that themselves up front, that is one less reason for the US not to invade.

If you read the note, it is more about Iran persuading its neighbours to stop supplying the west. Iran would have to persuade (essentially) Saudi Arabia to hold the US to ransom to enable Iran to gain nuclear weapons (!)

Fair cage rattling / rhetoric / propaganda, Iran are trying to make a point, but the threat isn't that great at the moment.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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