Oil Surges on 'Iran Tensions,' Media Profits From Peril
π° THE STORY: Al-Monitor reports that Brent crude futures have surged above $70 a barrel, reaching a five-month high, directly attributing the spike to 'Iran tensions' and unspecified threats of regional instability. π WHAT THEY'RE NOT TELLING YOU: Historical Context: In 1953, the CIA openly admitted to orchestrating a coup against Iran's democratically elected Prime Minister Mohammad Mosaddegh
to protect British and American oil interests β a foundational act of Western meddling that laid the groundwork for decades of animosity. This original sin is conveniently forgotten when 'Iran tensions' are discussed. Double Standard: The media frames 'Iran tensions' as an existential threat driving up oil prices, yet rarely scrutinizes the immense profits reaped by energy companies and defense
contractors from prolonged regional instability. When Western powers 'stabilize' a region, itβs always for democracy; when itβs an adversary like Iran, 'tensions' are a natural byproduct of their inherent menace, never a consequence of foreign provocation. Follow the Money: The military-industrial complex, major oil companies, and their lobbying arms β such as the American Petroleum Institute,
which spent $4.5 million on lobbying in Q4 2023 alone β directly benefit from a narrative that justifies increased military spending and volatile oil markets. War is a business, and 'tensions' are the marketing campaign. π‘ THE PATTERN: This narrative, which links oil price fluctuations directly to 'Iran tensions,' is a recurring pattern used to demonize Iran and manufacture public consent for