World Citizen: Disabling Iran’s Oil Weapon

World Citizen: Disabling Iran’s Oil Weapon

One of the obvious dangers of a possible war with Iran over its controversial nuclear program is that it could push oil prices sharply higher and, in turn, send the global economy into a tailspin. But a number of developments, some very deliberately set in motion by Iran’s adversaries, have recently converged to erode the effectiveness of Iran’s powerful oil weapon. The sharp edge of Iran’s oil power has been dulled through painstaking tactical moves by Washington and its allies, but the most significant change came not by design, but by misfortune. Ironically, the fear that a conflict with Iran […]

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