Russian Analyst: Iran Oil Ban, An Already Failed Project

Moscow, Feb 19, IRNA - Head of Russian Strategic Research Center for Contemporary Religions and Politics Maxim Shochenko said on Saturday US and EU policy of banning Iran's oil is already a failed project. Shochenko told IRNA that Tehran is cooperating with different countries in this field with many states eying Iranian oil; therefore the US politically-motivated move will bear no fruits for the US. Shochenko said Western powers cannot understand the realities in Iran as a energy rich country just because of their animosity with the Islamic Republic. He described economic sanctions and oil embargo against Iran as a failed project and said China, India, Turkey and Japan are the main buyers of Iranian crude, hence Washington cannot continue its failed policy against Iran. The analyst said Iran is an independent country and its reputation has angered the US and EU nervous, so they embark on any action against Iran to defeat it./end