sanctions

Main geopolitical events of the week

Eighteen months ago, Iran was hit by the coronavirus epidemic worse than any other country in the Middle East. Originating in China, the Covid-19 epidemic spread rapidly throughout the Islamic Republic, the number of infected and dead growing at an exponential rate.

Iran continues to be the epicenter of the spread of COVID-19 in the Middle East.

Despite its enormous energy resources, Iraq relies on imported Iranian gas and uses Iranian imported gas to generate electricity, while also being a major purchaser of electricity from Iran.

While crude oil exports have sharply reduced with no hope of recovery, other resources such as petrochemicals, mines and metals could have been a way out for Iran

US President Donald Trump has maintained strong economic pressure against Venezuela

With its massive oil and gas resources and its presence in the Hartland Energy project, Iran is in an excellent geographical location to take advantage of China’s Silk Road project’s benefits.

In recent years, Western countries and, above all, the United States, have persistently attempted to make Turkey their proverbial “whipping boy.”

As the situation around Iran continues deteriorating, Japan has taken up an initiative to broker peace and to scale down the tensions between Washington and Tehran.

The yearlong pressure on Iran exerted by the U.S. has flopped and now Trump is bracing himself for a real war.