Skip to main content

Posts

Showing posts with the label “Iranian oil”

Between Sanctions and War

Between 1918 and 1998, US administrations restricted trade with sanctioned nations 115 times; 64 of these occasions were during the 1990s, and most of them were unilateral. By 1997, the equivalent of half the world’s population was living under some form of US sanction. Current debates within the EU over what to do about Russia have led to some rhetorical contortions. Commission president Ursula von der Leyen appeared to support the US position that ‘Nord Stream 2 could not be excluded a priori from the list of [preventive] sanctions’, adding, ‘We want to build the world of tomorrow as democracies with like-minded partners.’ But among the energy partners that might replace Russia, Von der Leyen cited an oil monarchy (Qatar), a dictatorship allied with authoritarian Turkey (Azerbaijan) and a country under military rule (Egypt)... Playing the white knight calls for spotlessly clean hands. You might think whistleblower Julian Assange, sought by the US and locked up in London, was a dream ...