World’s Largest Oil Trader Skirting Iran Sanctions

Sept 26 (Reuters)

8 Responses

  1. It is all fun and free trade games until the banking cartel USD fiat fake money monopoly is threatened, then it is called terrorism.

    Can’t allow Nuclear energy in the middle east, might reduce global oil prices and allow the repressed people of the middle east to build productive economies.

  2. Why would a oil rich nation, such as Iran, be dependent on nuclear energy to build a productive economy? I doubt energy is one of its problems. Something to think about…

      1. @roger erickson,

        “This goes back a long way, and is NOT simple…”

        I disagree. It is pretty simple. Iran is in the grip of an expansionist political ideology, and to further its ambitions it is developing nuclear weapons, which is a violation of the NPT which it had previously signed.

        What to do about it is not simple, but it’s pretty obvious what this is about. It’s certainly reasonable for even an oil-rich country to develop nuclear energy since all that matters is the cost of nuclear relative to the market price of oil, which is very high right now, but that’s not what Iran is doing or why they’re doing it.

        To be honest, I think Iran is behaving rationally. If I were in charge, I would do the same thing since the rest of the world doesn’t appear to care enough to extract a high price for breaking the NPT. The problem is that other countries will probably want to go nuclear too, so things might get a little dangerous 10-20 years down the road, but perhaps regional nuclear arms races are inevitable anyway.

      2. @ESM,

        “in the grip of an expansionist political ideology”

        So are we. So is Israel, China, Russia … even Indonesia.

        Yes, what to do is the problem. There are no simplistic solutions. There are, in fact, far more variables than anyone is discussing. Infinite options, nearly none being explored.

  3. “Sanctions” is a peculiar word. The dictionary defines it as permissions, while the law categorizes it as referring to punishments for a lack of obedience. In either case, the U.S. presuming to enforce obedience from the people of Iran is, simply, presumptuous, albeit in keeping with the misionary and messianic tradition of exerting force in the name of an ideology.
    That said, energy diversification is a good idea, since diversity is the guarantor of organic existence. So, the failure to credit the religious leaders’ commitment to peaceful energy development suggests bad faith on the part of the West.
    The current head of the General Assembly of the UN is fully committed to setting up another Nuclear Weapons Free Zone, along with the five (?) that already exist. And, so far, both Iran and Egypt have agreed to participate. Israel is a hold-out probably because the leaders fear that, if they join up, the claim not to have nuclear weapons will be revealed as false by inspections. Of course, the inspection schedule can be such that, if there is something to remove, it can be done before the inspections commence.
    It should be noted that the establishment of the Central Asian Nuclear Weapons Free Zone was long delayed because the U.S. kept arguing that it’s weapons-laden planes might not be permitted to transit such a zone. Eventually the CANWFZ was approved by the General Assembly, perhaps because it was finally agreed that toting them through the air was a bad idea after a plane load ended up in Texas by accident.

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