Trump's game plan working against Iran

Published: Sat 27 Apr 2019, 8:43 PM

Last updated: Sat 27 Apr 2019, 10:44 PM

When the US administration - in its strategy to deal with Iran - relied on a strong whip of sanctions, promising to bring Iran's oil exports to zero and threatening anyone who deals with Tehran, the latter bet on US President Donald Trump's failure to convince the world of his position.
The rest of the world rebelled against the American actions. In July, Iran's President Hassan Rouhani mocked Trump's threat, saying his country had a dominant position in the Gulf and the Strait of Hormuz.
Now, as Washington pursued its strategy by announcing that it would end all sanctions exemptions starting May 2 - the waivers that had so far allowed eight countries to buy Iranian oil without attracting US penalties - it dealt the strongest blow with the aim to reduce Iran's crude oil exports to less than one million barrels per day, compared to 3.6 million barrels per day in 2016. The allies rallied against Iran have come to realise that the sanctions would have no effect on the structure of the regime unless the waivers are cancelled.
It is true that the declared goal of bringing Iran's future oil exports to zero may be difficult and will take a long time, but it is certain that exports will decrease significantly, which will be painful for the Iranian economy.
Trump's administration, when it abandoned the nuclear deal, knew that the mere withdrawal would be futile if it was not accompanied with other measures.
Consequently, mounting economic pressure, further financial crises and rising unemployment levels will lead to what is required to "change the behaviour" of the Tehran regime, which will be deprived of 40 per cent of its revenues from oil sales.
There has been a remarkable decline in Iran's role abroad as it faces the risk of not being able to finance its agents in the Middle East, such as the militias that fight proxy wars in Syria, in addition, the Hezbollah party has started to openly show its financial crisis.
Preventing Iran from obtaining the funds it needs to finance its foreign policy, its agents and its missile programme, is the best solution to change its behaviour without firing a single bullet.
Apart from Iran's repeated heroic rhetoric and its latest threat to close the Strait of Hormuz, the most telling description of its current reality was expressed by its Oil Minister, Bijan Zangeneh, who in February said US sanctions were tougher than the eight-year war his country had waged with Iraq.
If the sanctions that allowed some exceptions to Tehran's oil export had a huge impact on the country, what will be the case when Iran loses 20 per cent of its income only a few days from now?!
-Asharq Al Awsat
Salman Al Dossary is the former editor-in-chief of Asharq Al Awsat newspaper

By Salman Al Dossary (Geopolitix)

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