Title : Analysis: Are Iran and the United States heading for war?
link : Analysis: Are Iran and the United States heading for war?
Analysis: Are Iran and the United States heading for war?
The United States and Iran came one step closer to war this week after the Trump Administration announced it would not renew waivers on sanctions against importers of Iranian oil.
The new measure aims to stop Iran’s oil exports altogether and will result in a critical loss of revenues since these exports make up 40 percent of the state budget in the Islamic Republic.
Trump’s decision was welcomed by Israeli Prime Minister Binyamin Netanyahu who thanked Trump and said that the decision was of "great importance in increasing the pressure on the Iranian terrorist regime."
"We’re going to zero. We’re going to zero across the board,” Secretary of State Mike Pompeo told reporters in Washington.
“There are no (oil) waivers that extend beyond that period, full stop,” Pompeo added.
Iran reacted furiously to the new American measure and threatened to close the Strait of Hormuz a narrow waterway in the Persian Gulf where 18 million barrels of oil pass through each day.
This accounts for 30 percent of the world’s oil supply and a closure of the waterway could result in a worldwide economic crisis since the price of Brent crude oil is already at a six-months high.
In reaction to the Iranian threats US Special Representative for Iran Brian Hook assured the public that the US military will keep the waterway open at all costs.
“The US military will fly, sail and operate wherever international law allows, that's partly to ensure protection of the global commons so that it can be safe for commercial and non-commercial traffic," Hook said during a press conference.
Iran’s Foreign Minister Javad Zarif later said that the Iranian military top –which is made-up of anti-Israel and anti-US hawks- will decide on the closure of the Strait of Hormuz when the annulment of the waivers comes into effect at the beginning of May.
Immediately after the announcement of the new measure against Iran’s continuing aggression in the region, reports came in that the US military had started to build-up its forces in the Middle East.
The Washington Examiner reported that the Trump Administration sent two aircraft carriers to the Persian Gulf and the Mediterranean Sea this week. READ MORE
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