“War On Tankers” To Exact A High Price For White House & Global Economy

Sunday, June 16, 2019
By Paul Martin

by Elijah Magnier
ZeroHedge.com
Sun, 06/16/2019

Japanese Prime Minister Abe Shinzo conveyed a message from US President Donald Trump to the Iranian leadership, asking the release of 5 US prisoners and inviting Iran to sit around a negotiation table, adding “he [Donald Trump] would be ready to suspend all sanctions only during the negotiations”. No guarantee was offered to freeze or revoke the sanctions. Supreme Leader Ali Khamenei rejected the message and any dialogue with the US President and told his guest that he considers Trump unworthy to “to exchange a message with”.

Informed sources close to Iranian decision makers repeated the words of President Hassan Rouhani and the Iranian advisor to Sayyed Khamenei for international affairs, Ali Akbar Velayati, namely that “if Iran can’t export oil through the Persian Gulf, no-one in the Middle East will be able do this.”

The source “expects further attacks in the future, given the US decision to stop the flow of oil by all means at all costs. Thus, oil will stop being delivered to the world if Iran can’t export its two million barrels per day”.

Two tankers – Kokuka Courageous and Font Altair – were attacked in the Gulf of Oman on Thursday, putting at risk the supply of oil to the West and making oil tanker navigation in the Middle East very unsafe. “One more attack and insurance companies are expected to increase their fees. More attacks and no insurance company will agree to cover any oil tanker navigating in Gulf waters, putting Iran and other oil-exporters at the same level. Moreover, let us see what justifications Trump and Europe will offer their people when the price of oil becomes unaffordable,” said the source.

“Tensions in the Gulf can be eased only when sanctions are lifted on Iran. Otherwise, more objectives may be targeted and the level of tension will gradually increase. The US is selling weapons which are inadequate to protect oil tankers or to protect oil pipelines delivering oil to harbors. If Iran is in pain, the rest of the world will suffer equally,” said the source.

“The selling of oil was compared to a horde of wolves hunting together: when one is unable to hunt, others replace him. When Iran was under sanctions unable to sell its crude oil production daily, Saudi Arabia and Russia replaced Iran and increased their production and delivery. This is why Sayyed Ali Khamenei told the Iranian leadership to no longer consider any country as a durable friend and ally.”

The Rest…HERE

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