The Middle East region as a key player in the world energy market holds approximately over 50% of the world’s proven fossil fuel reserves. So far as reports indicate the total primary energy demand in the Middle East has tripled due to rapid population growth and economic development in the past 20 years. In fact, most of the growing energy demand is concentrated in five countries, Iran, Saudi Arabia, Iraq, Kuwait, and the UAE. These five oil-rich countries represented around 82% of the total primary energy demand in 2015, with Saudi Arabia and Iran alone accounted for 60%, says Wiley Online Library. According to the report, the most of the projected energy demand will be from Iran and Saudi Arabia by 2030- for 52% and 67%, respectively.
But, this forecast needs a quiet Middle East.
Iran as the OPEC’s third-largest crude producer involves in proxy-wars in the region that caused millions of the people leaving their homeland and thousands were killed. Iran’s regime is a serious threat to the world and should be stopped before its criminal behaviour kills more people in Middle East. The Khomeiniist regime tests its products long-range missiles on which is written : “Down with Israel” and “Down with U.S.”.
Hereof, U.S. President Donald Trump tries to undermine the nuclear deal that eased sanctions on Iran as he calls it the worst deal ever. The deal unblocked millions of dollars in cash into regime’s bank accounts. The money enriches the repressive-terrorist regime and its allies in the region, rather than spending on Iranian citizens.
When you invest in Iran, you’re investing in the IRGC. The Islamic Revolutionary Guard Corps a check and say, ‘please use this to commit more murder across the Middle East’, as the U.S. National Security Adviser H.R.McMaster told a conference in Munich in February.
IRGC controls Iran’s economy by 40%, according to the FDD.
Inflation remains in the economy and on the rise, despite the apologist pro-regime lobbyists ruminated. The economy is collapsed and no one can solve it unless foreign investments feed the close-economy. Iran currency Rial continues to lose against US Dollar. The devaluation of the national currency in Iran, when the devaluation of the dollar in the global markets and the increase of the exchange rate inside Iran occurs simultaneously. U.S. dollar beats Iran’s currency by the highest rate in the past 40 years.
The French oil and gas company, Total, signed a deal with Tehran in July of 2017 to develop phase 11 of Iran’s South Pars field with an initial investment of $1 billion, marking the first major Western energy investment in the Islamic Republic since the lifting of sanctions. Although, Total’s Chief Executive Patrick Pouyanne said on November 2017 that the oil major would have to review its Iran gas project if the United States decided to impose unilateral sanctions on Tehran over its nuclear program, given Total’s assets in the U.S. market. “We are respecting international laws,” Chief Executive Officer Patrick Pouyanne said in a July interview. “If rules are changing, we will have to adapt.”
“The U.S. hasn’t bought Iranian oil for close to 40 years, but the Gulf country’s exports have flooded back into Asian and European markets, roughly doubling to between 2.2 million and 2.4 million barrels a day since sanctions were eased last year. Shipments to Europe surged to about half a million barrels a day after the EU lifted its embargo. Iran’s sales to China, its biggest buyer, swelled in August of 2017 to the highest level since June 2016, according to ship-tracking data compiled by Bloomberg.”
The western oil cartels and largest investments companies are the major loser of Iran’s oil and gas market because of sanctions and China as the stubborn rival of west, especially U.S., win the game. Big oil cartels hesitate to join macro-projects in the country due to instability of the eco-political condition in Iran and lack of safety in the region.
The world powers suffer from chaos in Middle East and lost the market, so far as the armament manufacturers won.
West should decide that it wants regime change in Iran or not [structural change]. The peaceful transition in Iran is a win-win game for both the people and super powers if they truly seek for a safe and peaceful Middle East. West has to take the right instance to support #IranProtests happened late December, 2017 because the regime change can make better world for global villagers. Iranians fed up with mullahs and ready to collapse the regime through a civic revolution if international community supports the peaceful demonstrators across the country, not the governments.
“The free world resisted Soviet totalitarianism, Nazi fascism & South African apartheid, but when it comes to the regime in Iran -a totalitarian, fascist & apartheid system all at once- far too many democracies prioritize trade. Iranians will not forget”, as Iranian Crown Prince Reza Pahlavi declared on his Twitter account.
The free world resisted Soviet totalitarianism, Nazi fascism & South African apartheid, but when it comes to the regime in #Iran -a totalitarian, fascist & apartheid system all at once- far too many democracies prioritize trade. #Iranians will not forget.#IranProtests
— Reza Pahlavi (@PahlaviReza) February 24, 2018
Reza Pahlavi is the one whose name was mentioned by Iranian demonstrators during Iran Protests.
— (((Sia Ayrom))) (@siaayrom) January 1, 2018
Now, it’s the turn of Western countries whether they wish to continue the relationship with the Islamic regime or to support Iranian citizens.
Follow the author on Twitter: @TaheriKaveh
Related articles by Kaveh Taheri: