Iran's Regime Is Falling ApartAmerican Thinker, Aug 3, 2018, Amil Imani
Despite his critics, President Trump is serious in his efforts to squeeze Iran's economy as much and as fast as possible. Trump intends to make the Islamic regime fall on its own via crippling sanctions. Iranians are swarming for U.S. dollars as Iran's currency, the rial, plunges to historic lows amid economic and political uncertainty. The rial has lost one third of its value this year alone and is now officially 60,000 to the dollar. That number is a lot higher on the black market.
During the campaign, Trump promised he would withdraw from the 2015 Iran nuclear deal that Obama orchestrated. Trump unwillingly stuck with it for a number of months longer than he wished while Rex Tillerson was secretary of state, but once Tillerson was replaced by Mike Pompeo and joined by another anti-Islamic regime expert, national security adviser John Bolton, the A team was created.
So let's be clear: the new strategy Pompeo laid out is the same as the old strategy – the U.S. plans to impose maximum pressure on Iran to force it to change. (That's similar to Trump's strategy toward North Korea, by the way.)
As for the oil question, the global oil supply chain easily can handle the loss of 500,000 bpd of Iranian crude, although we may notice some higher prices at the pumps. While both India and China have the scope to lower their imports from Iran, they will possibly be reluctant, especially given the ongoing quarrel over pricing between China's top refiner Sinopec and Saudi Arabia.
It is becoming quite clear that President Trump's decision to depart from the Iran nuclear deal was just the first step in the White House's plan of action toward the regime in Tehran. The administration is engaging all of America's instruments of national power to isolate and defang the mullahs.
More:
https://www.americanthinker.com/articles/2018/08/irans_regime_is_falling_apart.html
