The U.S.A. is the only one abiding by the United Nations embargo on Iran. China, Russia and Germany have been some of the biggest traders with the Iranian regime. The nation of Iran is rich in oil and natural gas, and they have been trading those commodities, not in dollars but in euros and the Japanese yen. Iran is the sixth largest supplier energy products for the European Union.
The reason trade with Iran is important is to keep the value of the American dollar strong. Giving Iran a chance and a reason to dump the dollar and replace it with the euro or yen is a gamble we cannot take.
No comments:
Post a Comment