Consequences of US Oil Sanctions Modification against Venezuela

2022/07/03 | Economy, interview, top news

Strategic Council Online – Interview: Having stated that in view of the global crisis on increasing energy prices, the U.S. has no solution but to extend the temporary and limited license on Petroleos de Venezuela, S.A. (PDVSA), a scientific board member of Tehran University said:” reducing the severity of sanctions on Venezuelan oil substantiated the superiority of thesis about the inefficiency of sanctions”.

Having pointed out the U.S. authorization on selling Venezuelan oil to Europe against billions of dollars of its debts, Dr. Elaheh Nouri Gholami Zade in an interview with the site of Strategic Council on Foreign Relations spelled out:” Venezuela has been one of the key and important players of OPEC since 1960, and the oil market is highly influenced by the actions of main players like Venezuela. Sanctions imposed on Iran and Venezuela have caused the oil market to suffer major consequences from small turmoil. Now, when Russia as the main supplier of European gas and energy on one hand, and Ukraine as a linking highway that acts as the heart to pump gas to Europe on the other hand are on the verge of war tensions, there was no way for the U.S. but to ease sanctions against Venezuela”.

U.S. Urgent Need for Tranquility in Oil Market

She added:” The decision made by the U.S. for Venezuela has a temporary basis. Based on the decision, PDVSA is entitled to sell its oil until November 2022 under temporary and periodic authorizations. This is not because of a change in Venezuela’s behavior or shelfing hostile U.S. policies, but it is merely because the U.S. has admitted that it strictly needs tranquility in the oil market and it should give the players of this market a kind of freedom of action”.

Having said that we live in an era when the self-determination of countries can not be completely controlled, Nouri stressed:” having imposed sanctions on countries, the U.S. tries to make other countries cater to its own purposes. But, in fact, the U.S. is engaged in a number of its own domestic problems and is experiencing a kind of hegemonic decadence. Earlier, we witnessed similar hegemonic decadence in other parts of the world, but now we see it also in the U.S. backyard, where considerable leftism is growing in Peru and Colombia”.

Nouri referred to rising prices of energy in the world, particularly in the U.S. and Europe, and said:” if the hostile war situation, as well as the cold war that has already overrun again, continues, then the U.S. has certainly no option but to extend the temporary and periodic authorization of PDVSA because not only itself but also its allies have been suffering from challenges”.

The professor of the World Studies Faculty of Tehran University pointed out the U.S. condition that Venezuelan oil should be exported only to Europe and no other countries. She explained:” Earlier, China had become the largest recipient of Venezuelan oil under the “Oil for Debts Program” but now European, Asian and the American oil companies that have contracts with PDVSA are creditors of billions of dollars from the country. Because, Trump, the former U.S. president had suspended oil barter deals against Venezuelan debts during his tenure of office”.

Having commented on the news circulated for the reasons of the U.S. decision to ease sanctions against Venezuela as to help establish a dialogue between Maduro and the opposition inside the country, she added:” now, when the U.S. needs Venezuelan energy, she tries to simultaneously employ the ease of sanctions as a leverage to advance the dialogues that had already been started in Mexico but later suspended due to some reasons. But, in fact, the U.S. attaches no more importance to the parallel government that was recognized in Venezuela during Trump’s presidency. The political consumption date of Juan Guaidó in Venezuela is practically expiring.

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *

LATEST CONTENT

An Analysis on Military Confrontation between Iran and the Zionist Regime

Strategic Council Online – Interview: An expert on West Asian issues said: In the last hours of April 14, the Islamic Republic of Iran launched a missile and drone attack against the Occupied Territories, which continued until the next morning. This was despite Iran’s prior notification to some regional and transregional countries about the certainty of our country’s response and military action; America and Israel could not prevent this attack.

The Outlook of Geopolitical Competition Among Major Powers in the Caucasus

Strategic Council Online – Interview: A Caucasus affairs expert said: “If the trend of divergence among regional countries, especially Armenia and Azerbaijan, from Russia accelerates, Russians may show a more serious reaction and even prevent the traditional regional order change using force.”

Challenges Facing Modi in Indian General Election

Strategic Council Online – Interview: An expert on East Asian affairs said: Despite the chances of victory, the number of seats that Indian Prime Minister Narendra Modi will have in the next parliament is likely to be less because it seems that Muslims and other ethnic groups would vote for parties opposed to the ruling party.

The Complexities and the Necessity of Confronting ISIS-Khorasan

Strategic Council Online – Note: With the rise of the Taliban in Afghanistan, the issue of ISIS-Khorasan, the conflict between these two groups, and the expansion of the scope of their security threats in the region have become more critical than ever before, as the terrorist activities of this terrorist group disrupt regional security. In addition to this, support for suicide activities and armed individuals in the region has also put the security of Iran at risk. Therefore, ISIS-Khorasan is recognized as a significant threat to the eastern security of our country.
Dr. Hossein Ebrahimnia – Regional Issues Expert

Perspective of Relations between Kurdistan Regional Government and Baghdad

Strategic Council Online – Interview: An expert on Iraq issues said: As Turkey gets closer to the central government of Iraq, the Kurdistan Regional Government (KRG) should overlook many of its claims about its autonomy in the future and will become more dependent on the central government.

An Analysis on Importance & Status of Measures Taken by the Hague Court Regarding the Gaza War

Strategic Council Online – Interview: A former Iranian diplomat says The Court of Justice at the Hauge adopted new measures in early April, according to which the Zionist regime “given the worsening conditions of life faced by Palestinians in Gaza, in particular, the spread of famine and starvation,” shall take “all necessary and effective measures to ensure, without delay, in full cooperation with the United Nations, the unhindered provision at scale by all concerned of urgently needed basic services and humanitarian assistance to Palestinians throughout Gaza.”

An analysis of the failure of the Zionist regime’s strategy in the Gaza war

Strategic Council Online – Opinion: More than six months have passed since the war in Gaza. Although the Zionist regime was fully supported by the United States during this period and is present in the war scene with all its might, it has not been able to achieve any of its “declared” and “practical” goals.
Hamid Khoshayand –Expert of regional issues

Loading

Últimas publicaciones

An Analysis on Military Confrontation between Iran and the Zionist Regime

Strategic Council Online – Interview: An expert on West Asian issues said: In the last hours of April 14, the Islamic Republic of Iran launched a missile and drone attack against the Occupied Territories, which continued until the next morning. This was despite Iran’s prior notification to some regional and transregional countries about the certainty of our country’s response and military action; America and Israel could not prevent this attack.

The Outlook of Geopolitical Competition Among Major Powers in the Caucasus

Strategic Council Online – Interview: A Caucasus affairs expert said: “If the trend of divergence among regional countries, especially Armenia and Azerbaijan, from Russia accelerates, Russians may show a more serious reaction and even prevent the traditional regional order change using force.”

Challenges Facing Modi in Indian General Election

Strategic Council Online – Interview: An expert on East Asian affairs said: Despite the chances of victory, the number of seats that Indian Prime Minister Narendra Modi will have in the next parliament is likely to be less because it seems that Muslims and other ethnic groups would vote for parties opposed to the ruling party.

The Complexities and the Necessity of Confronting ISIS-Khorasan

Strategic Council Online – Note: With the rise of the Taliban in Afghanistan, the issue of ISIS-Khorasan, the conflict between these two groups, and the expansion of the scope of their security threats in the region have become more critical than ever before, as the terrorist activities of this terrorist group disrupt regional security. In addition to this, support for suicide activities and armed individuals in the region has also put the security of Iran at risk. Therefore, ISIS-Khorasan is recognized as a significant threat to the eastern security of our country.
Dr. Hossein Ebrahimnia – Regional Issues Expert

Perspective of Relations between Kurdistan Regional Government and Baghdad

Strategic Council Online – Interview: An expert on Iraq issues said: As Turkey gets closer to the central government of Iraq, the Kurdistan Regional Government (KRG) should overlook many of its claims about its autonomy in the future and will become more dependent on the central government.

An Analysis on Importance & Status of Measures Taken by the Hague Court Regarding the Gaza War

Strategic Council Online – Interview: A former Iranian diplomat says The Court of Justice at the Hauge adopted new measures in early April, according to which the Zionist regime “given the worsening conditions of life faced by Palestinians in Gaza, in particular, the spread of famine and starvation,” shall take “all necessary and effective measures to ensure, without delay, in full cooperation with the United Nations, the unhindered provision at scale by all concerned of urgently needed basic services and humanitarian assistance to Palestinians throughout Gaza.”

An analysis of the failure of the Zionist regime’s strategy in the Gaza war

Strategic Council Online – Opinion: More than six months have passed since the war in Gaza. Although the Zionist regime was fully supported by the United States during this period and is present in the war scene with all its might, it has not been able to achieve any of its “declared” and “practical” goals.
Hamid Khoshayand –Expert of regional issues

Loading