Tehran/Mecca: Senior military advisor to the Iranian Supreme Leader Ayatollah Khamenei threatened, ‘The first gunshot in the Persian Gulf will send oil prices over $100. It would be unbearable to America, Europe and the U.S. allies such as Japan and South Korea’. He added that the U.S. warships were within the range of the Iranian Revolutionary Guards in the region.
Major General Yahya Rahim Safavi, a military advisor to the Iranian Supreme Leader Ayatollah Khamenei, threatened the United States during an interview with the state-run news agency with links to the Revolutionary Guards. Major General Safavi warned that the U.S. warships in the Persian Gulf were not safe. ‘The Americans are fully aware that their military forces (in the region) are within Iran’s missile range and all U.S. and its allied navies in the Persian Gulf are within the range of land-to-sea missiles of the Revolutionary Guards,’ Maj. Gen. Safavi said.
‘The United States is fully aware of the Iranian capabilities and should not commit the mistake of attacking the country. If the U.S. assaults Iran, the crude rates will soar to $100 per barrel,’ Major General Safavi threatened. Safavi went on to claim that in such a scenario, the consequences would be unbearable to the United States, Europe, Japan and South Korea as they are majorly dependent on the Gulf crude. The Major General, thus, underlined that if a war flared up in the Middle East, the countries would be cornered.
All the rights in Iran are vested in the hands of the Supreme Leader Ayatollah Khamenei. The gravity of the threat issued by his military aide thus assumes much significance. Currently, crude oil is trading in the international market at around $53 per barrel. The crude rates are most likely to shoot upwards, with escalating tensions pushing the United States and Iran to a war-like situation. However, Saudi Arabia and the United Arab Emirates (UAE) had announced during the OPEC meeting, that they would ensure the stability of the crude rates. Nevertheless, Saudi Arabia has criticised that the Iranian activities in the Persian Gulf were responsible for the surge in the crude prices. Saudi’s King Salman levelled the accusation while speaking at a summit held in Mecca.
King Salman has accused Iran and its proxy terrorist groups, of having a hand in the saboteur attack on the four oil tankers which occurred off the UAE coast. Likewise, he drew attention to the activities of Iran and the Iran-backed terror groups, asserting that they were not only dangerous for Saudi Arabia and the Middle Eastern countries but, also threatened the crude oil movement in the region.
Meanwhile, the U.S. Secretary of State, Mike Pompeo alleged two days ago, that Iran and its proxies were trying to destabilise the crude oil rates by attacking oil tankers. The threat issued by Iran as also the concerns the Saudi King expressed, are quite contrast. Moreover, the impact of the developments on the crude prices and the resultant strain it would create on the significant countries may have severe repercussions proving detrimental to the global economy.