The Trump Administration’s Failed Plan for Iran
Written by Pepe Escobar
The 15-point plan presented by Team Trump to Iran has already failed to gain traction.
This plan is essentially a forced surrender disguised as a negotiation.
The demands include halting uranium enrichment on Iranian soil, dismantling key installations, removing all enriched uranium, limiting the missile program, cutting funding for certain groups, and ensuring open access to the Strait of Hormuz.
All of this in exchange for vague promises to avoid reapplying sanctions.
Iran’s likely response may involve leveraging economic and military power to dictate terms, including closing US military bases in the Gulf, ending wars, lifting sanctions, and more.
Conclusion: tensions continue to escalate.
Changes in the Oil and Gas Market
The volatility in oil and gas prices is impacting various sectors, including currencies, equities, and supply chains.
Iran has increased oil production and sales, primarily to China, using alternative payment methods, effectively bypassing sanctions.
The Strait of Hormuz is open but controlled by Iran, imposing a toll for passage.
Ships must pay a fee, mostly in petroyuan, to pass through the strait, establishing a new financial system.
The GCC’s Role in the New Financial Landscape
Qatar’s warning about attacking Iran’s energy infrastructure proved true, leading to significant losses.
Iran aims to establish new rules for the GCC, including bypassing the petrodollar and seeking security arrangements with China.
The GCC faces challenges in navigating the changing energy market and withdrawing funds from the US.
The Rise of Petro-Gold Settlements
Following recent events, Russia and China are strengthening their partnership with new energy and gold-backed settlement mechanisms.
Yuan-gold trades are becoming more prevalent, challenging the dominance of the petrodollar.
This shift is reshaping the global financial system and reducing US influence.
Iran’s Response and the Future
Iran’s strategic moves in response to the conflict are reshaping global dynamics and challenging traditional power structures.
The Empire’s attempts to control the situation are met with resistance and creative solutions from Iran.
Ultimately, this conflict highlights the emergence of a new multipolar world order based on economic and military realities.
Bob Dylan’s lyrics aptly capture the essence of this transformative period, where old powers are challenged and new systems emerge.
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Disclaimer: The views expressed in this article are the author’s own and do not necessarily reflect those of the website.