Iran’s Rhetoric Is Meant To Raise The Oil Price

ANDREW KORYBKO—As it turns out, however, the intentional lowering of prices roughly a third of a year before the US’ anti-Iranian energy sanctions kick in is extremely disadvantageous to Tehran’s interests because it’ll unexpectedly lead to less revenue that could subsequently be used to temporarily quell growing public anger over the speculated long-term socio-economic consequences of America’s antagonistic move. Speaking of speculation, this is a strong force in and of itself when it comes to influencing the oil price, something that Iran knows very well and which is why it occasionally crafts passive-aggressive yet “plausibly ambiguous” statements in order to manipulate this sentiment to its desired end.