“They [the Europeans] have no business playing these kinds of energy games just to satisfy the Zionist totalitarians who want to control the entire world,” said Paul Sheldon Foote, a professor at the California State University in Irvine.
In an interview with Press TV, he added that oil prices will be increased “at least for the short term and maybe even longer term.”
“Europe’s energy needs will not go away anytime soon. They are desperately starving for oil and other resources,” the analyst said.
In January, the European Union imposed unilateral sanctions against Tehran, banning member states from importing Iran’s oil.
The US and its Western allies are putting more pressure on Iran by imposing sanctions as they accuse Tehran of pursuing military objectives in its nuclear program.
Refuting the allegations, Tehran says it is entitled to the peaceful use of nuclear technology as a member of the International Atomic Energy Agency that has been subjected to snap inspections which have never yielded evidence indicating diversion in the country’s nuclear work.
AGB/HGH
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