Fmr. State Dept. Adviser Gabriel Noronha on Plans to Seize Kharg Island: Iran Doesn’t Have That Much Savings to ‘Withstand That’

RUSH EXCERPT:NORONHA: "It is a 9 for the Iranians. It’s $200 million every single day. Where that money goes is directly about 80% of it to the IRGC where they use it to pay their salaries for all their security forces and their external terror operations, ballistic missiles, drones. If you cut it off, Iran doesn’t have that much of a savings to withstand it. Uae, Qatar, bahrain, they’ve been spending the last decade trying to diversify their economy away from dependence on oil. Iran has done the opposite. They have doubled down. They are completely dependent on this for the survival of their regime without it it falls apart in a matter of weeks. Maybe months. The only risk that I see from an energy side is if we do take it we do cut off all the oil imports — exports, Iran is going to have to shut down its oil wells. Those are going to stay closed for a couple months. It will have a downstream effect on the oil markets that we can’t just turn back on and off."

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Fmr. State Dept. Adviser Gabriel Noronha on Plans to Seize Kharg Island: Iran Doesn’t Have That Much Savings to ‘Withstand That’‘It’s $200 million every single day’News & Politics,InternationalRUSH EXCERPT:NORONHA: "It is a 9 for the Iranians. It’s $200 million every single day. Where that money goes is directly about 80% of it to the IRGC where they use it to pay their salaries for all their security forces and their external terror operations, ballistic missiles, drones. If you cut it off, Iran doesn’t have that much of a savings to withstand it. Uae, Qatar, bahrain, they’ve been spending the last decade trying to diversify their economy away from dependence on oil. Iran has done the opposite. They have doubled down. They are completely dependent on this for the survival of their regime without it it falls apart in a matter of weeks. Maybe months. The only risk that I see from an energy side is if we do take it we do cut off all the oil imports — exports, Iran is going to have to shut down its oil wells. Those are going to stay closed for a couple months. It will have a downstream effect on the oil markets that we can’t just turn back on and off."Video filesFullCompactSort byDateSummaryRelevancePopularityPer page81216Audio filesFullCompactSort byDateSummaryRelevancePopularityPer page81216Recipient e-mailMessage (optional)Preview

Source: Grabien Stories