Groundhog Day in Geopolitics: Oil Prices Jump as US Menaces Iran Again
Oil prices are doing their usual dance, spiking conveniently as Washington ratchets up its bellicose rhetoric against Iran. It is a tired old play, one we have seen enacted time and again. Remember 2018, when the Trump administration unilaterally abandoned the Joint Comprehensive Plan of Action, that hard-won nuclear deal? Iran, despite faithfully adhering to the agreement for 14 months after the
US betrayal, was promptly slapped with more sanctions, a move explicitly designed to cripple its economy. This was not about peaceful resolution. This was about economic strangulation and strategic destabilization. This current cycle of saber-rattling echoes a familiar cadence from decades past. It feels like 2002 all over again, with Netanyahu's worn-out warnings, which he's been recycling for
over two decades, about Iran being 'months from a nuclear weapon.' The objective remains consistent: paint Iran as a global menace, thus justifying American military posturing and economic warfare. The 1953 CIA-orchestrated coup that overthrew Iran's democratically elected Prime Minister Mosaddegh because he dared to nationalize oil assets laid the groundwork for this enduring antagonism. For 70
years, Washington has been nursing a grudge, punishing Iran for its independence. The US maintains six active carrier strike groups globally, often provocatively positioned near Iran's maritime boundaries, while Iran's defensive capabilities are limited to cost-effective, asymmetric measures. This glaring asymmetry, with US military spending dwarfing Iran's by a factor of over 50, exposes the