ECONOMICS - LOOKING GLASS NEWS | |
Attack on Iran would rocket oil prices to 400 dollars |
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from Iran Focus
Entered into the database on Saturday, October 01st, 2005 @ 13:26:45 MST |
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Tehran, Iran, – Oil prices on the international markets would
shoot up to $400 a barrel if an attack were to be carried out on Iran, a senior
Revolutionary Guards commander warned, Persian-language websites reported on
Thursday. Brigadier General Hassan Abbasi, who heads the Centre for Research on Security
Without Borders Doctrines, speaking in the town of Karaj, said that until now
negotiations with the Islamic Republic over its suspected nuclear weapons program
were carried out in the framework of one of three doctrines; “Carrot and
Stick”, “Good Cop, Bad Cop”, and “Trigger Mechanism”. Abbasi described the West’s latest doctrine vis-à-vis Iran’s
sensitive nuclear work as the “Chicken Strategy”, where “both
parties follow a collision course at such fast speeds until one side eventually
backs off”. “This is the first time when the strategic balance between both sides
is equal and Iran’s strategic stance is no longer from a position of weakness”,
Abbasi said. The Revolutionary Guards General criticised Tehran’s previous policy
of allowing international monitors to inspect a number of Iran’s nuclear
facilities as well as suspending uranium enrichment activities. Abbasi warned
that such a weak policy had run the risk of “the enemy defeating a country
of 70 million people”. “Given the West’s new doctrine against Iran, our country’s
officials must resist to the last moment”, Abbasi insisted, adding that
they must make use of the country’s geo-strategic position and economic
advantages, such as its immense oil reserves, so as to never back down from
their stance. “All of this is at a time when the West’s problem is simply a shaky
economy dependent on oil”. “During last year’s evaluations of various theoretical outcomes,
we reached the conclusion that in the event of an oil sales embargo on Iran
the price of oil would reach 110 dollars and in the case of a military attack
on Iran its price would reach 400 dollars. Therefore, knowing the West’s
strategic knowledge of this matter, the oil sanction and military attack options
against Iran are just a bluff.” The senior Revolutionary Guards commander summed up by stating that Iran’s
international nuclear stand-off had not reached an unmanageable crisis point
and that Tehran had to continue its offensive. |