Reasons for United States Possible Attack on Iran Essay

The topic on the first step of United States launching a war machine attack against Iran has dominated much news for several days since the Bush administration and during which some quarters speculated that such an attack would be ordered before the administration left completeice. As early as 2005, a tot of articles had started revealing the imminent plans by Pentagon to order military operations against Iran. While people and the media whitethorn speculate and give their opinions some many aspects of the imminent war, the roughly important issue to understand is the reasons which whitethorn spark the attack.It is therefore the objective of this paper to discuss the reasons why US would engage in a military land war with Iran. 2. 0 The Euro-Based Oil Bourse This is one of the major reasons which revolve around the plan by Tehran government in 2005 and 2006 to start competing with the hot York Mercantile transform (NYMEX), the largest physical commodity futures exchange in the world based in New York and the London based International Petroleum Exchange (IPE) by using the euro-dominated rock anoint trading mechanism (Clark, 2004).The logic behind this is that by using this mechanism in planetary oil color trades, the euro is going to mob dominance and establish a firm ground which will perform to overshadow the strength of the U. S dollar in the global oil market. The U. S government therefore considers this a in truth threat by Tehran government which warrants intervention to protect the dollar from being toppled off from its long term monopoly in the hypercritical international oil market.It is expense noting that lack of an oil pricing standard that is euro-dominated withal referred to oil soft touch in the oil trading industry is one of the technical challenges face the euro-based trading system in oil trans serves. The oil markers currently in operation today are the U. S dollar dominated which imply Norway Brent crude, West Texas In termediate crude, and the UAE Dubai crude. In the spring of 2003, Iran laid down pat(p) a requirement that all the transactions for its Asian and European oil exports be conducted using the euro currency though the pricing of oil was politic predominantly controlled by the dollar.Following an official announcement in 2004 that Iran had intentions to enlarge an Iranian oil Bourse, it raised the concerns that a stiff competition would accompany between the Iranian oil bourse and the U. S owned NYME and the IPE (Clark, 2004). The macroeconomic implications of such a development would cause a shift in the international commerce in both Middle East and the European totality which is the largest importer of oil from OPEC producers.Consequently, the financial hegemony enjoyed by the IPE and NYMEX would be greatly challenged and thus the U. S is likely to avoid this through military action. 3. 0 The Ambitious nuclear Program of Iran The Tehrans nuclear ambition is another thinkable re ason as to why the U. S may launch a land military attack on Iran. This has been seen from the latest series of sanctions on Iran by the Obama administration which mainly targets the Islamic Revolutionary Guards Corps which is the most powerful social, political and economic institution in Iran.The organization also has a large number of companies and banks and therefore makes it an appropriate target for these sanctions (LANDLER & COOPER, 2010). However, the critical thing to focus on with regard to this issue is whether these sanctions have the mental ability to compel Iran to halt its nuclear program. If the history of political and economic sanctions against countries is anything to go by, then Iran may not change its course despite the sanctions and this may lead to war.The reason for the sanctions is to contain Tehran which depicts a link which leads from diplomatical pressure to military action (Nadal, 2010). Tehran views this threat as real considering that its two neighbors to the west and to the east have a large number of U. S troops. 4. 0 Conclusion A possible military action on Iran by the US cannot be overlooked since the reasons surrounding this possibility would also have major effects on the economy and the protective covering of the US.Considering the economic problems facing the US, the attempts by Iran to establish the euro-based oil bourse may attend as an attempt to suppress the dollar in the international oil market. The nuclear program also would threaten the security not totally of the US but also of the world if it is not either set or completely halted. To aver the nuclear weapons development, Washington ought to try and deepen the perceptions of threat harbored by Iran against America.ReferencesClark, W. (2004). The Real Reasons Why Iran is the Next Target The emergent Euro-denominated International Oil Marker. Retrieved August 20, 2010, from http//www. globalresearch. ca/articles/CLA410A. html LANDLER, M. , & COOPER, H. (2010 ). U. S. Eyes New Sanctions Over Iran Nuclear Program. Retrieved August 20, 2010, from http//www. nytimes. com/2010/02/10/world/middleeast/10sanctions. html? _r=1 Nadal, A. (2010). Sanctions against Iran and the Next War. Retrieved August 20, 2010, from http//www. campaigniran. org/casmii/index. php? q=node/10518