Iran is issuing dire threats if the US blocks its oil exports. From Tyler Durden at zerohedge.com:
Iran’s president Hassan Rouhani warned the US not to threaten the nation’s oil exports, called for improved relations with its neighbors including arch-nemesis Saudi Arabia, and cautioned the US that a conflict with Iran would be “the mother of all wars.”
“Don’t play with the lion’s tail, this would only lead to regret,” Iran’s leader said during a speech with Iranian diplomats on Sunday, the semi-official Iranian Students’ News agency reported. “The Americans must understand well that peace with Iran is the mother of all peace, and war with Iran is the mother of all wars” he said, adding that Iranians will only be united by further threats from the US, and that the Islamic Republic “will certainly defeat America.”
The latest attack against president Trump by Rouhani came one day after Supreme Leader Ayatollah Ali Khamenei backed the idea of blocking all oil exports from the region by closing the Strait of Hormuz in the event of Iran’s exports being banned. He also said that “U.S. govt.’s words or even signatures cannot be relied on; thus negotiations with the U.S. are useless. The assumption that negotiations or establishing ties with the U.S. would solve country’s problems is an obvious error.”
While Iran’s belligerence toward the US (and vice versa) is nothing new, there was a surprising twist when Rouhani said that Iran would seek improved relations with its Arab neighbors in the Persian Gulf, including Saudi Arabia, the United Arab Emirates and Bahrain, according to Bloomberg. But he also said Saudi Arabia still needs to “change its actions, let go of obstinacy and be willing to have relations.”
Iran’s anger is the result of Trump’s recent decision to withdraw from Obama’s landmark nuclear deal, and Trump’s subsequent pressure on US allies to completely cut imports of Iranian crude in response to Tehran’s alleged malign activities. Those who fail to comply with America’s request would be targeted by secondary US sanctions. Following Trump’s withdrawal, Iran has been working with the EU to salvage the 2015 the accord.
To continue reading: Iran Warns Trump Not To Cut Off Oil Exports, Threatens “Mother Of All Wars”