oil embargo

Turkey could block KRG’s oil exports in response to referendum, Erdoğan says

Published on 27 Settembre 2017 in MIDLE EAST/PRESS RELEASE/REGIONS by pressrelease

President Recep Tayyip Erdoğan said Monday that Turkey considers the independence referendum in northern Iraq’s Kurdistan Regional Government (KRG) null and void and illegitimate regardless of its results, adding that there may be economic and military repercussions. Erdoğan warned that Turkey could block the KRG’s oil exports. “We’ll see who KRG will sell its oil to, Turkey is in control of the valve”, he said, referring to the Kirkuk – Ceyhan oil pipeline that connects oil fields in northern Iraq to the oil terminal in the Mediterranean. Erdoğan noted that Turkey would not hesitate to use force if necessary, saying “Just as we’ve liberated Jarablus, al-Rai, and al-Bab from Daesh in Syria, if need be we won’t shy away from such steps in Iraq”. Last week the Turkish Armed Forces began a military drill in the region around the border town of Silopi including 100 military vehicles, which continued with reinforcements this weekend. The Turkish parliament on Saturday approved overwhelmingly a one-year extension of a mandate to use troops abroad in Syria and Iraq.

A total oil embargo on North Korea would only lead to war, as it did with imperial Japan

Published on 14 Settembre 2017 in ASIA/PRESS RELEASE/REGIONS by pressrelease

A total oil embargo against North Korea would be likely to provoke the same result as it did with imperial Japan , war with the US and friends. Last week, following a series of missile launches and an underground nuclear test, the US ambassador to the UN declared North Korea to be begging for war. This week, the 15- member UN Security Council unanimously passed a raft of new sanctions, including a universal ban on purchasing North Korean textiles (the country’s second-largest export, after coal) and the cessation of all gas exports to the isolated state. What’s more interesting is what was culled from America original proposal: the use of force, if deemed necessary, to board and inspect ships to enforce these economic sanctions; an asset freeze; a travel ban for Kim Jong-un. China and Russia know that a complete oil cut-off would heighten North Korea’s self-destructive tendencies and hasten its collapse. Sanctions have not worked and now cannot work. North Korea is not going to give up.

A total oil embargo on North Korea would only lead to war, as it did with imperial Japan

Published on 14 Settembre 2017 in ASIA/FAR EAST/PRESS RELEASE/REGIONS by pressrelease

A total oil embargo against North Korea would be likely to provoke the same result as it did with imperial Japan , war with the US and friends. Last week, following a series of missile launches and an underground nuclear test, the US ambassador to the UN declared North Korea to be begging for war. This week, the 15-member UN Security Council unanimously passed a raft of new sanctions, including a universal ban on purchasing North Korean textiles (the country’s second-largest export, after coal) and the cessation of all gas exports to the isolated state. What’s more interesting is what was culled from America original proposal: the use of force, if deemed necessary, to board and inspect ships to enforce these economic sanctions; an asset freeze; a travel ban for Kim Jong-un. China and Russia know that a complete oil cut-off would heighten North Korea’s self-destructive tendencies and hasten its collapse. Sanctions have not worked and now cannot work. North Korea is not going to give up.

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