Part 2: Oil Embargo in iran
In an
effort to thwart Iran’s nuclear program, the United States and the European
Union took
significant steps to cut Iran off from the international financial
system, announcing coordinated sanctions aimed at its central
bank and commercial banks. In addition, the United States also imposed
sanctions on companies involved in Iran’s nuclear industry, as well as on its
petrochemical and oil industries,
adding to existing measures that seek to weaken the Iranian government by
depriving it of its ability to refine gasoline or invest in its petroleum
industry.
In
retaliation for the sanctions, Iran vowed to block the Strait of
Hormuz, a vital oil transit point. Gen. Martin E. Dempsey, the
chairman of the Joint Chiefs of Staff, said that the United States would “take
action and reopen the strait,” which could be accomplished only by military
means, including minesweepers, warship escorts and potentially airstrikes.
By
February 2012, the sanctions imposed by the West appeared to be taking a
toll. Iran’s
economy was showing further signs of strain, with the government
looking for ways to avoid the use of dollars in international oil trade, new
reports of problems importing food, and a Gallup poll suggesting a majority of
Iranians were worried about financial pain from the penalties already imposed.
In addition, a flurry of aggressive gestures — attacks on Israelis attributed
to Iran; President Mahmoud
Ahmadinejad’s renewed posturing over Iran’s latest nuclear advance;
and the threats of cutting off oil sales from six European countries — suggested
that Iranian leaders were responding frantically,
and with
increasing unpredictability, to the sanctions.
On Feb.
19, Iran’s
government ordered a halt of oil exports to Britain and France, in
what may be only an initial response to the European Union’s decision to cut
off Iranian oil imports and freeze central bank assets beginning in July.
However, Britain and Francedepend
little on Iranian oil, so their targeting may be a mostly symbolic act, a
function of the strong positions the two nations have taken in trying to halt
Iranian nuclear enrichment. Also, the government signaled that it might expand
the ban on oil shipments to other members of the 27-nation European Union.
As a result of the embargo, starting with the rise in world oil prices. And
Indonesia have an indirect effect of the war. As I know that the State of
Iran and east amid a global oil producer. With the oil embargo caused
suppky bernbagai State to increase, one of Indonesia. Actual nuclear development is the development of science, for real. In the
presence of nuclear development, will advance human knowledge. Starting
from the source of energy to food technology.
