This Is How The U.S. Plans To Cripple Iran’s Economy — Simon Watkins

With sanctions re-imposed on Iran’s oil exports last year and recently applied in part to its petrochemicals exports as well, the U.S. is now looking to roll out the next phase of its sanctions plan against the Islamic Republic. This is to gradually employ increasingly tight sanctions on Iran’s gas sector, whilst ensuring that Europe’s mechanism for enabling ongoing business with Iran does not succeed. These policies taken together are aimed at limiting Iran’s energy export revenues to no more than US$14 billion per year, a senior energy source who works closely with Iran’s Petroleum Ministry told OilPrice.com last week. “This is the level of revenue targeted by the U.S. as being required to catalyse a popular uprising to remove the current regime in Tehran but not to cause an outright humanitarian disaster,” he added.…

The ultimate fall-back position for the U.S. – actual military intervention against Iran – remains an option, said the Iran source who added that: “The U.S. is at 90% operational readiness for full military action if necessary.” Any real or false flag action – along similar lines to the recent incidents involving oil tankers in and around the Persian Gulf – would suffice as catalysts to engage militarily but the preferred option, said the source, remains a “war of attrition” against Iran. “If the U.S. cuts all energy related revenues down to the US$14 billion cap then the Iranian people will have a big decision to make,” he concluded.

Good luck with that strategy.

Oil Price
This Is How The U.S. Plans To Cripple Iran’s Economy

Simon Watkins