Source: Activist Post
According to the RT report above, Barack Obama is set to impose
penalties on India for continuing to purchase oil from sanction-strapped
Iran. A vague new U.S. law seeks also to sanction any country that is
not willing to reduce its purchase of Iranian oil. However, India has
expressed reluctance to abide by unilateral sanctions that are not
legally binding. India's Oil Minister has stated that they will
continue to purchase from Iran as needed for their growing energy
demands, while perhaps turning to gold as a means of sidestepping any
attempt at imposing sanctions. This could be merely a face-saving
measure, as other players in the region including China, Japan, and
South Korea have taken quick measures to reduce imports following U.S.
demands. Once again, the U.S. proves that ally or not, every sovereign
nation must cave to Washington's imperial objectives, or else. This
latest move seems designed to further stress the region and force a
shift in the oil economy toward Western-controlled interests, as the
U.S. is conveniently offering to broker deals with Saudi Arabia and Iraq
as a solution to the problem. (Source: Bloomberg)
