Have you noticed the drop in gas prices over the last 2 weeks? You can thank President Obama. His patience and perseverance have paid off in the historic peace deal with Iran, which means Iran will be able to sell goods and services especially oil to Europe. And even though the UN sanctions haven’t officially been lifted yet, just the knowledge that Iran will be selling oil has caused a price drop. Funny how the market works. It’s not just supply and demand but PERCEIVED supply and PERCEIVED demand that influences prices. This is great for American and European consumers but not so great for Putin’s Russia which is a major oil exporter and will be hurt by the drop in prices.
Everyone of America’s allies has praised the Iran deal. Except Israel. Their Prime Minister Benjamin Netanyahu has condemned the deal as Munich style Appeasement. The more desperate Bibi gets the greater his hyperbole. I swear Bibi Netanyahu has done more to stoke up anti-Semitism in the world than the most frothing at the mouth neo-Nazi. He’s lost credibility among all but the AIPAC clowns and Republican presidential wannabees who conveniently forget Reagan SOLD arms to Iran.
Some people are so dumb they don’t take a step back and look at the big picture.
What the Iran deal does is take Iran at their word that they want to develop nuclear power for peaceful purposes only. Beyond the fact that enriching Uranium requires more than Iran’ll be allowed to keep, it also takes time. In that time, the U.S. and other Western powers will be able to open Iranian markets and influence Iran’s leaders. Not the religious ones, they’re loons. But the political leaders and the intelligentsia who are important as Iran has a young highly educated population.
There’s the other side of the deal, the unspoken side. Say Iran DOES violate the deal and IS caught trying to develop nuclear weapons. Then President Obama or his successor has the political cover to bomb the crap out of them and no one, Republican or Democrat, will complain.