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Reply to "War with Iran Part II"
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[quote=Anonymous]The International Energy Agency soon declared that the Iran War was producing “the largest supply disruption in the history of oil markets.” Trump officials announced that that the 32 nations in the IEA were releasing 400 million barrels of oil and refined products from their reserves, which included 172 million barrels from our own Strategic Petroleum Reserve. America also removed all previous sanctions on Russian oil, thereby allowing countries to easily purchase it, including the large quantities that had already been exported but were sitting at sea without buyers. Even more remarkably, we did the same to Iranian oil, thereby allowing the country we were attacking and seeking to destroy to freely market the 140 million barrels of crude they had already shipped but been unable to sell, earning Iran a potential windfall of around $15 billion, twice its annual military spending. I’ve never previously heard of any country during wartime taking such a step to boost the government finances of the enemy it was seeking to defeat and destroy. Iran also began furiously pumping and shipping additional oil, selling it at much higher prices than it had previously received. Trita Parsi, a prominent Iran expert, noted that as a result the oil revenues received by the Iranian government had more than tripled from what they had been before the missiles began firing [/quote]
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