Iran’s Tyrannical Regime Is Falling Apart
Aug 03, 2018
Despite his predecessors, President Trump is very serious in his efforts to squeeze Iran’s economy as much and as fast as possible. Trump intends to make the Islamic regime fall on its own via crippling sanctions. Iranians are swarming for U.S. dollars as Iran’s currency, the rial, plunges to historic lows amid economic and political uncertainty. Iranian currency, the rial has lost one-third of its value this year alone and is now 60,000 to the dollar. That number is a lot higher in the black market.
During the campaign, Trump promised, he would withdraw from the 2015 Iran nuclear deal Obama orchestrated. Trump unwillingly stuck with it for a number of months longer than he wished while Rex Tillerson was Secretary of State, but once Tillerson was moved and replaced by Mike Pompeo, and joined by another anti-Islamic regime expert, National Security advisor, John Bolton. The A team was created.
So, let’s be clear: The new strategy Pompeo laid out is the same as the old strategy — the US plans to impose maximum pressure on Iran to force it to change. (That’s similar to Trump’s strategy toward North Korea, by the way.)
Global Oil
Global oil supply chain easily can handle the loss of 500,000 bpd of Iranian crude, although we may
notice some higher prices at the pumps. While both India and China have the scope to lower their imports from Iran, they will possibly be reluctant, especially given the ongoing quarrel over pricing between China’s top refiner Sinopec and Saudi Arabia.
It is becoming quite clear that President Trump’s decision to depart from the Iran nuclear deal was just the first step in the White House’s plan of action towards the regime in Tehran. The administration is engaging all of America’s instruments of national power to isolate and defang the mullahs.
https://newswithviews.com/irans-tyrannical-regime-is-falling-apart/
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