US displays harmful belief in its exceptionalism again
By once again waving the stick of unilateralism on the Iran issue, the United States risks disrupting international relations and international trade. The US decision has already raised concerns about global oil supplies and sent crude oil prices to their highest levels since October.
By announcing on Monday that the US will not reissue the sanctions waivers allowing major importers to continue buying Iran's oil when they expire in early May, the White House demonstrated that the world's sole superpower has no qualms about how low it stoops to get its way.
The move lacks any legal or moral basis, as the US has no right to set itself up as self-appointed judge and jury. Major importers of Iranian oil, China included, have the legitimate right to have normal business ties and conduct trade with Iran, including importing oil from it, should they so choose.
