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The United States announced on Monday that there will not be any more exemptions from sanctions for countries purchasing Iranian oil. Even the White House issued a statement stating:”This choice is meant to attract Iran’s oil exports into zero, denying that the regime its chief source of earnings.”

Sputnik discussed exactly what this implies for Iran together with Professor Foad Izadi in Tehran University.

Sputnik: US Secretary of State Mike Pompeo announced that US is finishing sanction waivers for countries like Turkey along with other international powers that now allow them to purchase Iranian oil, how is it going to affect Iran as an oil producer?

Foad Izadi: You know Iran was producing approximately 2.5 million barrels of oil every day until the US got from the atomic arrangement, and as a consequence of the US pressure, this production is all about 1 million now approximately 1.5 million less than what we had last year, even until the US got out of the atomic arrangement. Obviously US sanctions on Iran are hurting Iran’s oil exports, what the US government announced today was that it had been stopping the waivers it was giving to some of Iran’s oil buyers and they already have some of those countries objecting, the Chinese authorities, the Turkish authorities, that have been buying oil from Iran, have been opposing this US coverage since it’s illegal. Even the US is dictating to sovereign, independent countries what to do with their global trade.

READ MORE: Saudi Arabia Pledges to Stabilise Market because US Ends Iran Oil Waivers — Minister

The US Congress wants to pass legislation that overseas non-US companies have to follow, which can be violating the sovereignty of these countries. Due to the agreement, the UN sanctions were lifted, therefore are US sanctions. The US is advised to stress American firms not to trade with Iran but the US has no right to pressure countries and companies which aren’t American not to work with Iran, because that’s a breach of worldwide law, and that’s why a few of the countries which are buying Iranian oil are already overburdened. I doubt exactly what the US announced today (Monday) will really get the job done. The aim is to make I doubt they’re going to be in a position to accomplish this and Iran oil exports \.

An oil tanker is seen off the port of Bandar Abbas, southern Iran (File)


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AFP 2019 / ATTA KENARE

Sputnik: You said that oil generation in Iran had dropped in 2.5 million to 1 million; do you believe this new US policy will also impact the creation of Iranian oil and it’ll fall?

Foad Izadi: What we are hearing from the buyers is they’re not going to stick to the US authorities in its own unsuccessful policies towards Iran. They don’t find any reason why they shouldn’t be trading with Iran. According to what we’re hearing from such types of governments, the US isn’t going to work in achieving this goal.

Sputnik: The Trump administration, only less than two weeks back, hailed the Islamic Revolutionary Guard Corps as a foreign terrorist organisation, today these petroleum sanctions, do you really think this is simply a fresh wave of their Trump government’s dealings with Iran?

(Decision )Foad Izadi: Yesthey call it a”maximum pressure campaign”, so they’re utilizing all available resources to stress Iranian government, and they have never been effective so far. They needed Iran to concede to US demands, they wanted to overthrow the Iranian government, they have yet to be in a position to do thatthey wanted to get major concessions from Iran when the Iranian government was not overthrown and they have yet to be able to find any concessions from the Iranian authorities. The US policies have neglected up to now, so they’re just following the policies and generating problems.

Sputnik: Do you anticipate other measures by the Trump government, much more sanctions, etc.)?

Foad Izadi: They’ll continue this kind of sanction actions as long as they are in power, since their aim is to overthrow the Iranian authorities or to get big concessions out of it and they’re not likely to be able to accomplish this, I presume.

READ MORE: Iran’s Parliament Designates US Military as Terrorists, Adopts Counter-Sanctions

Sputnik: How will these new sanctions and keeping pressure on Iran influence Iranian society inside the country? Is it a good time for conservatives in Iran that are saying we should not have had a dialog in the first place or is it maybe for those who are saying no we \need to keep up a dialog with the United States?

(Decision )Foad Izadi: No one in Iran has a issue with dialog, the problem people have is that this dialogue has not been resulting in anything positive, and it took several years to reach the nuclear agreement, and the US just got out without any appropriate reason. So the Rouhani government is and from other politicians to provide some of the promises \they made after the nuclear agreement, and they’re not able to match those claims due to the United States authorities\. So they are at the exact identical time a good deal of Iranians understand that the reason to deliver but under stress , due to the United States and of Trump, not because of Rouhani. They are not telling him as far as they’re blaming Mr. Trump.

(Decision )The perspectives and comments expressed by the speaker do not necessarily represent those of Sputnik.

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