Turkey Calls for a Stop Embargo Against Iran and Venezuela Amid Global Energy Crisis

Turkey is telling some Western countries to take threats to Iran and Venezuela. This method is expected to facilitate global energy criticality spurred by Russian aggression into Ukraine.

Initially, Venezuela had been hit by the united states (US) oil threat since 2019. And Iran is under U.S. threat as talks between Tehran and Washington to revive the 2015 nuclear deal were unilaterally undone by President Donald Trump in 2018.

Iran has the 2nd largest natural gas reserves in the world, after Russia. However, Tehran does not have the infrastructure to increase exports, which are currently limited to Iraq and Turkey.

"The rest of the world needs Venezuelan oil and natural gas, on the other hand, there is an embargo on Iranian oil," said Turkish Foreign Minister Mevlut Cavusoglu as quoted by Al Arabiya Friday, October 21, 2022.

"Remove this threat if you want prices to go down, remove the embargo on some countries that want to offer their products to the market," he continued.

"You can't solve the problem by providing a one-country threat."

Moscow's way of cutting gas supplies to Europe amid the turmoil in Ukraine is already spurring energy critically on all continents, with customers and businesses facing high prices as winter kicks in.

Turkey, which is already hunting for a balanced treatment of interweaving with both Russia and Ukraine, has already avoided a Western threat to Moscow and in contrast has strengthened trade ties with its Black Sea neighbors.

"Parts of the world need Venezuelan oil and natural gas. On the other hand, there is an embargo on Iranian oil," said Turkish Foreign Minister, Mevlut Cavusoglu, at a meeting of journalists in Mersin Province, the south side of the country, Friday (10/21/2022).

"Remove this threat when you want prices to go down. Remove the embargo on some countries that want to offer their products to the market,'' Cavusoglu said, adding. "You can't solve the problem by providing a one-state threat," the great Turkish diplomat said.

Initially, last August, Iran's Oil Minister, Javad Owji had already reminded the global energy critically this winter. That's when it was made clear that Tehran was ready to increase its oil exports in meaningful quantities if the threat was removed from the country.

Speaking one day after a face-to-face meeting of the Organization of several Petroleum Exporting Countries (OPEC) and its allies, a body known as OPEC+, on August 4, Owji repeated the Iranian recognition. He made it clear that the country could soon return to the figure of nearly 2.eight million barrels of oil exports per day (bph) seen before the US threat was imposed on the country in 2018.

"As the holders of the (combination) of the world's largest oil and gas resources, we are ready to increase our crude oil production to pre-sanctioned levels in the shortest possible time frame," Owji said.

He wrote how the constant political impasse with special oil suppliers, counting Iran, could have resulted in major energy critiques in Europe and elsewhere this winter.

He said he wanted Western administrations to adopt a more rational approach to dealing with the oil problem because he insisted that the increase in oil and gas supplies from Iran would help restore equilibrium and calm to global markets.

"This winter will be meaningful for Europe and the rest of the world and they (governments) have to be minded at this time," Owji said.