Who controls oil – controls the world – if USA controls Iran it controls China (biggest customer)
The information gathered here is 99% copy paste of sources (src) around the net presented “as-is”, i can not proof its quality or truthfulness.
US wants to see Iran destroyed and it’s assets seized – because China starts to rival it and all nations are dependant on fossil fuels.
So oil and the control over oil and gas resources becomes a GeoEconomic decisive factor.
It is pretty funny – if you are the biggest economy in the world – you can threaten the rest of the world with economic sanctions – and most follow suit.
India follows, but China is not playing along with Washington demands for a sanction against Iran.
Iran is China’s biggest supplier of oil and “third-largest producer of the oil cartel OPEC” (src)
US Dollar Empire works via oil:
It would go down as “conspiracy theory” if not:
“The basic framework was strikingly simple. The U.S. would buy oil from Saudi Arabia and provide the kingdom military aid and equipment. In return, the Saudis would plow billions of their petrodollar revenue back into Treasuries and finance America’s spending.” (src: Bloomberg)
The petrodollar system originated in the early 1970s in the wake of the Bretton Woods collapse.
President Richard Nixon and his Secretary of State, Henry Kissinger, feared that the abandonment of the international gold standard under the Bretton Woods arrangement (combined with a growing US trade deficit, and massive debt associated with the ongoing Vietnam War) would cause a decline in the relative global demand of the U.S. dollar.
In a series of meetings, the United States — represented by then U.S. Secretary of State Henry Kissinger — and the Saudi royal family made an agreement.
The United States would offer military protection for Saudi Arabia’s oil fields, and in return the Saudi’s would price their oil sales exclusively in United States dollars (in other words, the Saudis were to refuse all other currencies, except the U.S. dollar, as payment for their oil exports).
By 1975, all of the oil-producing nations of OPEC had agreed to price their oil in dollars and to invest surplus oil proceeds in U.S. government debt securities in exchange for similar offers by the U.S.
A number of independent economic analysts told the New York Times that Saudi Arabia would be unlikely to follow through on such threats, “saying that such a sell-off would be difficult to execute and would end up crippling the kingdom’s economy”.
An official at Saudi Arabia’s Ministry of Foreign Affairs told the state-run Saudi Press Agency on September 29 that the U.S. Congress must correct the 9/11 bill to avoid “serious unintended consequences”, adding the law is of “great concern” to the Kingdom. (src)
‘The Johannesburg Declaration is unmistakable: “We recognize that the multilateral trading system is facing unprecedented challenges. We underscore the importance of an open world economy.”’
‘Relations such as these certainly do not include a superpower (USA) unilaterally imposing an energy export blockade – an act of economic war – on an emerging market and key actor of the Global South.’
‘The mere threat of a US attack on Iran has engineered a rise in oil prices.’
‘US reliance on Middle East Oil is going down while fracking – boosted by higher prices – is ramping up. The threat of war increases with Tehran now overtly referring to its power to cripple global energy supplies literally overnight.’
‘If there ever was a US attack on Iran, Persian Gulf analysts stress only Russia, Nigeria and Venezuela might be able to provide enough oil and gas to make up for lost supplies to the West. That’s not exactly what the Trump administration is looking for.’ (src)
“The shift demonstrates that China, Iran’s biggest oil customer, wants to keep buying Iranian crude despite the sanctions, which were reimposed after the United States withdrew in May from a 2015 agreement to halt Iran’s nuclear program.” (src)
On current evidence, a renminbi zone would shrink the dollar zone, and widen its current account deficit.”
“In April, Saudi Arabia warned it would start selling as much as $750 billion in Treasuries and other assets if Congress passes a bill allowing the kingdom to be held liable in U.S. courts for the Sept. 11 terrorist attacks, according to the New York Times.” (src: Bloomberg)
If Mercedes and Porsche and Lamborghini and Ferrari and Pickups and SUVs and Hummers would run on renewable Hydrogen created with 100% renewable energy – i would be proud on everyone driving such a thing – but right now – i just consider them as reckless egoistic idiots and any women that fancies this “show of materialism” as a short sighted prostitute.
So because even egoistic psychopathic dictators and idiots want to be loved – women – i urge you – also in the name of your children and grand-children (that you surely do not want to die in avoidable wars over finite resources) to reconsider your priorities when it comes to mating.
(latest estimates date peak-oil “pretty sure before” 2035)
btw: if you really want – you can also burn hydrogen e.g. keep your loud combustion engine and accept that mankind is just not as reasonable as it thinks it is X-D
So if you need everyone 100 miles around you need know that YOU are DRIVING a COMBUSTION ENGINE RIGHT NOW then what the heck why not X-D (just don’t do it every morning at 4.00 AM will ya?)
Let the Yanks keep their pickups – just convert them to renewable hydrogen and they do not have to frack their drinking water! (as only short sighted idiots would make such a deal “yes we will die early but it will be fun until then”)