May 1, 2019, 1:20 AM
News Code: 83298506
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Trump makes mistake in testing Iran again

Tehran, April 30, IRNA - US President Donald Trump once again has put full oil sanctions on his agenda; repeating the mistake of measuring Iran's ability to export oil that the Islamic Republic was already successful in it and oil exports were not cut to zero.

On April 22, the US Secretary of State took the last step on Iran's sanctions and abolished the exemption of some countries to buy Iranian oil. Mike Pompeo announced that he will not allow foreign customers to buy Iranian gas and gas condensate as of May 2, all Iranian oil exports will be sanctioned and any purchase of oil from Iran will be considered a violation of the US sanctions.

International observers consider the White House's new businessman to create an all-out political and economic offensive against Iran, an offensive that can challenge the calm and stability of the region.

** Iranian nation breaks deadlock

In the past couple of days, the news of non-extensions of Iranian oil have faced intelligent and powerful reaction from Iran; Supreme Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei in a meeting with a group of workers on Wednesday, explained the new American hostility towards Iran, and underlined, 'The active nation And vigilant Iranian officials have shown that if they try they can break down all the deadlock, and certainly this effort by the Americans will go nowhere, and the Islamic Republic will export whatever it wants and has the will to.'

In another part of his remarks about Iran's strategy for confronting oil sanctions, the Supreme Leader called these sanctions as opportunity, highlighting, “We consider the reducing the dependence on oil sales as an opportunity and we use it to rely more on domestic capabilities.'

Other government officials also reacted to the US oil sanctions. In response to the White House, Iran's foreign ministry spokesman said that refusal to issue waivers for purchase of Iran’s oil was basically unlawful. Seyyed Abbas Mousavi said, 'Given the illegality of the sanctions, the Islamic Republic of Iran has not, in principle, given any credibility for granting exemptions to sanctions.'

In response to internal responses, Foreign Minister Mohammad Javad Zarif called the latest US sanctions as 'economic terrorism,' saying, 'The increase in economic terrorism against the Iranians reflects the fears and despair of the conspirators of the US regime and its puppets. The heirs of the ancient Persian civilization did not formulate their strategy based on the 'advice' of the foreigners, let alone the Americans.'

The Iranian Petroleum Minister considered zeroing oil exports as an American dream that will never be realized. Bijan Zangeneh emphasized, “The United States and its regional allies use oil as a political weapon, but wait to see the consequences of their decisions.'

** Global responses to Iran's oil sanctions

Full oil sanction, due to the fact that Iran is one of the world's largest black gold exporters, has great impact on price fluctuation in global markets. This fluctuation, which generally tends to rise in price, does not seem to be tolerated by large consumer countries. The signs of this intolerance may not be short-lived, and these countries will support this decision, because of some interests and considerations, but this support will not be permanent.

In the first reactions to Iran's oil sanctions, major oil importers from Iran took serious stance. China's foreign ministry as the largest oil importer in the country has protested to abolish Iran's exemptions of oil purchases on last Tuesday and has warned about the rise of oil prices in Middle East and global energy markets.

Turkey's Foreign Minister also said that non-extension of any exemption would undermine peace and stability in the world, saying that Turkey will not accept unilateral sanctions and imposing the tastes of other countries on its relations with its neighbors.

Iraq, in response to Iran's oil sanctions, has announced that it has no alternative to Iranian gas, and stopping gas imports will deprive Iraq of four thousand megawatts of electricity.

The Minister of Oil and Gas also announced the supply of his country's needs from other major oil producers as a solution to cut of importing oil from Iran.

The European Commission also expressed regret on the decision of the President of the United States to lift Iran's oil exemptions and reaffirmed its commitment to the Iranian nuclear deal.

Iran cannot deny the influential role of oil and gas exports in its economy, and because of several decades of the US sanctions, has looked for various solutions for maintaining exports in sanctions era.

The White House is well aware that zeroing Iran's exports is impossible in practice. Decades of sanctions have made Iran experienced to sell its oil in the best possible way, and although the cover and overt costs of such exports would be multiplied, it would never be zero.


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