French President Macron Wants Sanctioned Oil from Iran and Venezuela to Replace Russian Oil, Willfully Blind Joe Biden Likely to Agree
It is quite remarkable to consider that almost 100% of these global issues could immediately disappear if the far-left ideologues behind Joe Biden would just unleash the American energy sector. Alas, the seemingly religious cult of climate ideology will not allow it…. therefore we get these bizarre outcomes.
The U.S. has economic sanctions against oil exports from Iran, Venezuela and now Russia. The EU is economically collapsing under their inability to power their economies without energy products, a specific outcome of the latest NATO and EU sanctions against Russia.
The green energy programs in the EU cannot sustain the needs of the population. As a result, German Chancellor Olaf Schultz and French President Emmanuel Macron are asking Joe Biden to lift sanctions against Iran and Venezuela and let Iranian and Venezuelan oil replace the missing Russian oil. Again, none of this would be needed if the U.S. just developed more oil and gas domestically; but Biden won’t change policy.
(Reuters) – The international community should explore all options to alleviate a Russian squeeze of energy supplies that has spiked prices, including talks with producing nations like Iran and Venezuela, a French presidency official said on Monday.
Venezuela has been under U.S. oil sanctions since 2019, and could reroute crude if those restrictions were lifted. Indirect talks between Iran and the United States to revive a nuclear deal that could see sanctions on Tehran lifted and its oil exports resume have been on hold since March, but are due to resume in Doha soon.
“There are resources elsewhere that need to be explored,” a French official said on the sidelines of a G7 summit in Germany, when asked about how to alleviate high oil prices.
The outstanding issue between Iran and the United States was no longer linked to the nuclear dossier but to U.S. terrorism sanctions, he said.
“So there is a knot that needs to be untied if applicable… to get Iranian oil back on the market,” the official told reporters, speaking on condition of anonymity. “We have Venezuelan oil that also needs to come back to the market.”
A second official said all options need to be explored given the stakes, including those involving Iran and Venezuela.
The first official called for a temporary increase in production from oil-producing nations, and said there would be an effort to try and convince them to do so.
[…] French President Emmanuel Macron was caught by Reuters TV rushing to tell Biden that he had spoken to United Arab Emirates President Sheikh Mohammed bin Zayed al-Nahyan (MbZ), who had told him that the UAE and Saudi Arabia could barely increase oil production. (read more)
Apparently, when you overlay the geopolitical western chase for climate change ideology, some sanctions become less important than others.
Saudi Arabia cannot replace Russian, American, Iranian and Venezuelan oil for the western governments; it would simply be too high of a production demand for Saudi Arabia to accomplish. The western industrialized nations know this reality, although they keep pretending publicly that some alternative solution is possible, and they are now flummoxed about how to remove former ideological sanctions against Iran and Venezuela without exposing the insanity of their geopolitics.
All of this is only happening because the western alliance is chasing the pipe dream theory behind “Build Back Better.” The supposed “green energy” programs can never compensate for the efficient use of oil and gas, yet they must pretend not to admit this reality in order to sustain the decades of lies behind their climate change claims.
It’s creating a hot mess that one would hope the world will eventually notice.
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