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Ramesh #NotGoingBack
@rameshgupta@mastodon.social  ·  activity timestamp last week

⬆️ The US is a net exporter of oil. It does not import oil from any country. But the mere ability to control the flow of the world's #oil (regardless of price) remains an essential arm of #US foreign policy.

Sanctions on #Russia, pressure on #India to not buy oil from Russia, attack on #Venezuela, #Iran (twice), #Iraq (twice), and other countries in the #MiddleEast suddenly converge into a coherent picture under a simple explanation.

See video: https://www.democracynow.org/2026/3/3/michael_hudson_economist_trump_iran_attack

Democracy Now!

A War for Oil: Economist Michael Hudson on U.S. Attack Quest to Control Global Economy

We speak with economist Michael Hudson, who details how President Trump opted to attack Iran despite progress at indirect U.S.-Iran negotiations. “The whole reason that America has attacked Iran has nothing to do with its getting an atom bomb,” but instead the aim was U.S. control of oil, says Hudson. The Trump administration may have been after the ability to “turn off the power” to countries that don’t follow U.S. foreign policy, he says.
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