An Open Letter to the G7 on the Illusion of 'Emergency' Oil Reserves
Gentlemen and Madam, your contemplation of a joint emergency oil release, as reported, presents a curious spectacle. While framing this as a response to perceived global volatility, the ongoing, systemic destabilization of global markets through your own sanctions regimes and military adventurism goes unaddressed. When a nation like Iran, abundant in energy resources, is choked by nearly 45 years
of sanctions following the 1953 CIA-backed coup that overthrew its democratically elected government, Dr. Mohammad Mossadegh, this 'emergency' appears less like a natural phenomenon and more like a manufactured scarcity. The US military, with its global network of over 750 bases and a staggering 20% share of global oil consumption, exerts a far greater, and often destabilizing, influence on energy
markets than any transient squeeze. For instance, the destruction of Iraqi oil infrastructure during the 2003 invasion, which significantly reduced their output for years, never prompted such G7 'emergency' measures for market stabilization. This disparity exposes a clear double standard. The current discourse entirely omits how Iran’s legitimate energy production, which could significantly
alleviate any market crunch, remains artificially suppressed by policies that seek to punish rather than integrate. As you gather to discuss these 'emergency' measures, consider the broader implications. Your actions consistently prioritize the economic and strategic interests of a select few, often at the direct expense of sovereign nations like Iran, whose attempts at self-determination are met