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Page added on August 2, 2013
Iran sanctions bill on oil passed by US House
US lawmakers have approved a sweeping bill aimed at slashing Iran’s oil exports even further over its disputed nuclear programme.
The bill adopted by the lower house of Congress penalises countries that buy Iranian oil and further limits Iran’s access to overseas bank accounts.
The Senate must also approve the bill before it becomes law.
The move comes three days before the inauguration of Iran’s moderate President-elect Hassan Rouhani.
The Nuclear Iran Prevention Act was drafted well before Mr Rouhani’s election victory in June, but critics, including 20 dissenting members of the House of Representatives, believe that more time should be given to finding a diplomatic solution to Iran’s nuclear impasse.
It gives ammunition to the hardliners who will operate against him, so the timing of this bill could not be worse from a foreign policy perspective”
Jim McDermott Democrat House member
“It gives ammunition to the hardliners who will operate against him, so the timing of this bill could not be worse from a foreign policy perspective,” said Democrat Jim McDermott, who voted against the bill.
Iran has described the move as ”unhelpful” and said that it will not change its nuclear policy.
Iranian oil exports have already been halved from pre-sanctions levels when they stood at 2.2 million barrels per day.
The house bill obliges the US administration, which has not supported the move, to reduce Iran’s oil exports by another one million barrels per day (bpd).
It is uncertain if the Senate will adopt the one million bpd figure when it votes on the bill in September.
Mr Rouhani’s election victory raised hopes that existing sanctions may be eased after 130 US lawmakers wrote a letter to the White House, asking for all “diplomatic tools” to be used in dealing with Iran.
The US treasury department also took the step of expanding a list of medical devices that can be exported to Iran without special permission.
Rouhani is no moderate, he’s just slick. He has lied to the United States in the past, and don’t be deceived, he is not even in charge of Iran”
Ted Poe Republican House member
Some of the house members who voted in favour of the bill were signatories to the letter asking for a diplomatic approach with regards to Iran.
Other members in support of the sanctions bill remained adamant.
“Rouhani is no moderate, he’s just slick. He has lied to the United States in the past, and don’t be deceived, he is not even in charge of Iran,” said Republican Ted Poe.
“The ayatollah [Supreme Leader Ayatollah Ali Khamenei] is still calling the shots, and is determined to get nuclear weapons and eliminate Israel and the United States.”
8 Comments on "Iran sanctions bill on oil passed by US House"
Arthur on Fri, 2nd Aug 2013 11:52 am
US continues to play empire. China is secretly enthusiastic about this voluntary western demand destruction. And ‘transitionalists’ should be glad because of this windfall subsidy for renewables. Go US, go!
BillT on Fri, 2nd Aug 2013 3:38 pm
Smile whne ou say that, Arthur. Europe is going to be
BillT on Fri, 2nd Aug 2013 3:40 pm
Smile when you say that, Arthur. Europe is going to be taken down with the Empire when it falls. Do you really think you will watch from the sidelines? I don’t think so.
GregT on Fri, 2nd Aug 2013 3:53 pm
What an utter load of hogwash. Iran doesn’t have a hope in hell of ‘eliminating Israel and the United States’. If Iran were to launch one nuclear tipped warhead towards Israel or the US, Iran would be vaporized in a matter of minutes. This is nothing more than the continued destabilization of the Middle East, by the empirical warmongers in Tel Aviv and Washington.
It is time for the rest of the world to impose sanctions on the real threats, instead of the ones created by the propagandists .
Plantagenet on Fri, 2nd Aug 2013 4:02 pm
Obama already had put sanctions on Iran oil. Of course Obama’s sanctions are a sham, but it made for a good line in a speech.
Arthur on Fri, 2nd Aug 2013 5:18 pm
“Iran doesn’t have a hope in hell of ‘eliminating Israel and the United States’.”
One Arab Spring uprising in Riyahd by either the Muslim Brotherhood or Shi’ites in the eastern oil provinces, causing the fall of the ‘House of Saud’, like happened to so many other Arab rulers in recent years and the role of the US in the Middle East is over. Or rather the MB could play out the west and China against each other and the dollar will no longer be exclusively tied to oil.
“Europe is going to be taken down with the Empire when it falls. Do you really think you will watch from the sidelines? I don’t think so.”
I know that you do not think so, but I am still waiting for your arguments. First, Europe does not have a global empire, nor aspires one and has no reserve currency. So, what’s there to fall apart? The EU itself? Maybe, but there are no signs that any member is seriously contemplating leaving the EU. In fact, if the UK falls apart next years…
http://deepresource.wordpress.com/2013/07/29/alex-salmond-on-scottisch-independence/
…Scotland will join the euro. Could very well be that Wales will follow. With London already a majority third world city, Britain will seize to be a pain in the neck of continental Europe, like it was in the 20th century, acting as America’s unsinkable aircraft carrier, enabling the US an USSR to carve up Europe. Who knows, European and Russian garizons, north of the Hadrian wall? Edinburg taking over the role of the City of London? We’ll see. No, Europe will indeed not watch from the sidelines, but will take over the batton from the US, when that candle is burned up, and pick up the role it performed between 1492-1939. Btw, do not hurry America, 2030-2035 would be fine, when we are halfway the transition, but my fear is that the US will collapse *as a global hegemon* long before. Buchanan and Paul Craig Roberts hunted at 2024 and they could be right.
BillT on Sat, 3rd Aug 2013 1:48 am
Europe is the lapdog of the Empire. It is tied by blood and money to the Empire. Europe would have fallen in 2008 if the Federal Reserve had not pumped trillions into European banks. The derivatives alone will take down Europe. There will be no exceptions in the West.
You will never be ‘transitioned’. And you will not take over anything. You really need to get over your Eurocentricity.
Arthur on Sat, 3rd Aug 2013 3:32 am
Well, since you are not going to take it from me and I vaguely remember that you are a fan of Orlov:
http://cluborlov.blogspot.nl/2011/12/conversation-about-europe.html
Europe has far more internal cohesion than the US, that racial melting pot that could easily turn into a pressure cooker… and explode Yugoslav style. Europe has a population that understands best what the problem is regarding energy and depletion, has rejected the horrible practice of fracking and is dwarfing the rest of the planet when it comes to transition efforts, with many countries already in the tens of % in electricity generation. This is not Euro chauvinism, these are facts. Europe has dominated this planet for more than four centuries until the Roosevelt Stalin parvenue coalition came along, working for zionist interests and destroyed the mother civilization. Europe did dominate the planet nota bene as a set of handfull competing states. This has changed, meanwhile the place is united under one currency, parlement, president and constitution. And I do not about know American scales but in Europe they are such that a sack of 500 units always dominates a sack of 180 units. Hands down. Has nothing to do with chauvinism but everything with common sense. Oh, and then there are 140 million more Russian units waiting in the wings, nuclear armed to the teeth, to be added to the European balance.
You say that Europe is the empire’s lapdog, well I must remind you that Germany and France refused to obey orders from Washington in 2003 and did not join in the Iraq safari, which severely weakened the financial and geopolitical position of the US.
Finally you bring up that one trillion injection canard again by suggesting that the US benevolently forked over that amount to keep ‘poor European banks’ from falling over, where in reality one of your zionist overlords walked to his computer, typed in an amount of one trillion and milked once again the US reserve currency status to the tune of twenty days worth of EU gdp. That was done because the US had swindled the EU banks into buying up all these ‘subprime loans’ from mortages allocated to US third world citizens that never should have gotten these mortages in the first place, but did so anyway because of political correct pressure from Washington exerted on US bankers. One trillion of solid European money was wasted on worthless US mortage papers from Leroy and turned into an opportunity for the Fed to replace this amount with another trillion out of thin air. Had nothing to do with supposed US economic strength but everything with swindle and milking reserve currency status, a leftover from the rape called WW2. But meanwhile everybody on the planet knows about the comparative advantage and works against it and it will take a single Saudi grassroots uprising to finish off the petro dollar and then the US will be with both feet on the ground and has to compete with the rest of the world with a third world population in 15 years time on an equal footing. I can advise you to study the works of Dmitri Orlov to see how that is going to work out. But who am I telling this all, since you already voted with your feet to preempt a US collapse.