How the US regime uses sanctions to soften a country up for invasion | Intrepid Report.com – Eric Zuesse

May 27, 2019 by · Leave a Comment 

On May 13, Reuters headlined “Iran insists on ramping up oil sales to stay in nuclear pact” and reported that “EU officials … estimate Iran needs to sell 1.5 million bpd to keep its economy afloat. A drop below 1 million bpd could bring hardship and economic crisis.”

Prior to US President Donald Trump’s cancellation of the nuclear deal with Iran and re-imposition of economic sanctions against Iran and against any companies that trade with Iran, Iran had been selling around 2 million bpd (barrels per day).

Furthermore, once Europe’s biggest supplier, Iran has seen its exports gradually cut off from European buyers.

China—Iran’s largest oil customer with imports of 475,000 bpd in the first quarter of this year—has also stopped buying from Iran after Washington chose not to renew sanctions waivers.

Source: How the US regime uses sanctions to soften a country up for invasion | Intrepid Report.com

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