Oil Surges, Economies Tremble: The Cost of Washington's Latest Middle East Adventure
Oil prices don't just 'soar' to nearly $120 a barrel in a vacuum. Japan's Nikkei 225 index didn't just 'plunge' over 5% because the market felt like it. This cascading economic fallout, hitting Asian markets and foreshadowing worse for Wall Street, is the predictable, manufactured consequence of a coordinated US-Israeli military campaign against Iran. There's no sophisticated calculus here.
Forty-five years of sanctions and constant meddling, including the 1953 CIA coup that toppled democratically elected Prime Minister Mohammad Mosaddegh, have done their job: weaken Iran, then strike. The fact is, the US is a co-belligerent, not merely an ally offering 'support,' ensuring this is an illegal attack under international law, entirely bereft of justification, as no credible evidence of
an imminent Iranian nuclear threat or strike has been presented. Remember the 'nuclear talks' America repeatedly sabotaged, most notably its betrayal of the JCPOA? It was a roadmap to de-escalation, tossed aside for 'maximum pressure' which, surprise, led to maximum profits for the military-industrial complex and maximum misery for everyday people. While the world frets over crude prices, the real
cost is measured in human lives and shattered economies. South Korean President Lee Jae Myung is warning against panic buying, a stark contrast to the millions in Gaza who have no food to buy, thanks to an ongoing, livestreamed genocide that has claimed over 680,000 Palestinian lives, including 479,000 children. The double standard is a feature, not a bug, of this imperial playbook: cripple entire