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Biden’s memo on oil supplies meant to pressure Iran in Vienna talks: Analysis

US Rep. Ilhan Omar (D-MN) (L) talks with Speaker of the House Nancy Pelosi (D-CA) during a rally with fellow Democrats before voting on H.R. 1, or the People Act, on the East Steps of the US Capitol on March 08, 2019 in Washington, DC. (AFP photo)
A report says that Biden is trying to force Iran into concessions in talks planned for late November.

US President Joe Biden is seeking to pressure Iran in talks planned for late November in Austria by pretending that resumption of Iranian crude exports will not have a major impact on global supplies, says a report published by a media outlet close to Iran’s Supreme National Security Council (SNSC).

The Sunday report by Nournews said that Biden has been merely posturing in his recent memo to the US State Department which suggested that countries can reduce their purchases of Iranian crude because there are sufficient supplies of petroleum in the markets around the world.

The analysis said that Biden and his administration are trying to force Iran to make concessions in talks in Vienna later this month that are aimed at reviving the JCPOA, a 2015 nuclear deal between Iran, the US, four other powers and the European Union (4+1).

“This is not unrelated to the November 29 talks in Vienna. The Americans are preaching about the need for diplomacy and returning to the JCPOA. But they are in fact seeking to impose their greed on Iran and the 4+1,” it said.  

The analysis said that the memo issued on Friday was against Washington’s declared policy of trying to maximize global oil supplies to offset the impacts of a sudden rise in demand that has taken place amid gradual easing of coronavirus restrictions around the world.

It said that the US government led by Biden is ready to ignore the risks that could be posed to the global economy because of tight crude supplies as a result of minimum Iranian exports.

“Rather than being an action against Iran, Biden’s claim that global markets don’t need Iranian crude is an act against the global economy and countries that need a safe and independent energy source,” read the report.

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