Effects of Economic Depression

The Impact of New US Sanctions Against Iran on the Middle East

<p><img class&equals;"alignleft size-medium wp-image-642" src&equals;"https&colon;&sol;&sol;economicdepression&period;org&sol;wp-content&sol;uploads&sol;2018&sol;11&sol;middle-east-crisis-300x169&period;jpg" alt&equals;"middle east crisis" width&equals;"300" height&equals;"169" &sol;> Due to new US sanctions&comma; Iran is under economic pressure&comma; but it could have political consequences too because the sanctions are not only affecting Iran but <strong>the entire Middle East region<&sol;strong>&period;<&sol;p>&NewLine;<p>New US sanctions have affected Iran economy&comma; especially the civilian population&period; Basic foods are either very expensive or not available&period;<&sol;p>&NewLine;<p>The only resource available in big quantities and at very affordable price is gasoline&period;<&sol;p>&NewLine;<p><&excl;--more--><&sol;p>&NewLine;<p>At the end of October&comma; the price per liter was 30 cents&comma; cheaper then anywhere else&period; According to the information service &&num;8220&semi;Global Petrol Prices&&num;8221&semi;&comma; only two other countries in the world&comma; Venezuela and Sudan are offering their citizens more affordable price than the current price in Iran&period; Such low prices should make citizens happier&comma; because they are struggling with the difficult economic situation in their countries&period; At the same time&comma; citizens who are willing to take risks have been offered a good job &&num;8211&semi; smuggling of fuel subsidized by the government&period; That job is blooming&period; It is estimated that between 20 and 40 million liters of fuel are being smuggled from Iran on a daily basis&period; The total damage due to this is measured in billions of dollars&period; In general&comma; it is very difficult to prevent this&period; That&&num;8217&semi;s what the Trump administration knows&comma; so it has clearly defined a list of several countries that can still import oil from Iran&period;<&sol;p>&NewLine;<p><strong>The new US sanctions<&sol;strong> do not differ from the previous ones&comma; and according to some political analyst from Tehran&comma; Iran could handle it&period; &&num;8220&semi;But in the event of an increase in pressure&comma; they could strengthen the hardliners in the government&comma; which would then lead to problems across the Middle East region&period;&&num;8221&semi; And this could go to Tehran&period; &&num;8220&semi;The only possibility for the White House to divert itself from the policy of sanctions is precisely the escalation in the Middle East region&period;&&num;8221&semi;<&sol;p>&NewLine;<p><strong>Possible countermeasures of Iran<&sol;strong><&sol;p>&NewLine;<p>Iran can react to new US sanctions because they could also hit neighboring countries&period; During the war in Syria&comma; the mullah regime grew enormously and became more present in the country&period; Through its ally Hezbollah is located directly on the border with Israel and is present in Iraq through religious associations&period; In Yemen&comma; there are close ties with the Houthi rebels&comma; which makes Saudi Arabia worried&period; Riyadh is afraid of the impact of the rival in the south of the Arabian peninsula&comma; and that is why for the past three years&comma; a war against insurgents has taken place in the neighboring country&comma; without any consideration for the civilian population&period;<&sol;p>&NewLine;<p>If the US maintains a policy of sanctions&comma; the Iranian leadership could&comma; at the very least&comma; hold up to date positions&period; &&num;8220&semi;In this case&comma; it is very likely that Iran will not renounce its significant role in Iraq and Syria&comma; but he could try to consolidate them&period;&&num;8221&semi;<&sol;p>&NewLine;<p>It is possible that Iran will take an aggressive course which could prevent the export of oil from Saudi Arabia through the Hormuz strait&period; It could strengthen the Houthi&&num;8217&semi;s support and thus put pressure on Saudi Arabia&period; It would also be possible to further support Lebanese Hezbollah and Palestinian Hamas&period;<&sol;p>&NewLine;

Exit mobile version