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'US after preventing flux of Iran's oil on market'

4 Sep 2017 - 18:21


September 4, The Iran Project - An analyst says the US is seeking to prevent a flow of Iranian oil on the market in this particular historical moment, when the Saudis, with the back of Washington, made two different attempts to low the price.

"US President Donald Trump, for sure, is not going to pull the brake on US fracking sector, therefore the only solution is to continue to postpone Iran’s oil export," Andrea Falconi, security and political expert said.

He added that the real question is what would happen to the oil and gas world prices, which are considerably low already, in case of Iran’s full integration in the international community and freedom to trade its resources with the rest of the world.

In a meantime, the European side would benefit from an opening of Iranian market, especially in field of energy, and there are efforts to understand what Iran could need in exchange for that," he noted.

The expert stated that Iran’s missile program is just one of the multiple choices, which Tehran is using, as its right to pressure the international community on the JCPOA , especially regarding the full removal of the economic sanctions.

Iran and the five permanent members of the United Nations Security Council - the United States, France, Britain, Russia and China plus Germany - signed the JCPOA on July 14, 2015 and started implementing it on January 16, 2016.

Under the nuclear agreement, Iran undertook to put limitations on its nuclear program in exchange for the removal of nuclear-related sanctions against Tehran.

Also in recent years, the country has upgraded its military capabilities, including its air defense system, through deploying both indigenous and foreign weapons systems.

The Islamic Republic practices a military doctrine of deterrence.

 


Story Code: 274770

News Link :
https://www.theiranproject.com/en/news/274770/us-after-preventing-flux-of-iran-s-oil-on-market

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