The year 2012 may become known as a watershed for humanity – the year when mankind was precipitated into a global conflagration involving nuclear weapons. The signs are indeed grimly ominous as formidable military forces converge on the Persian Gulf in the long-running stand-off between the United States and Iran.
On side with the US are its European allies in NATO, primarily Britain, Washington’s Middle East client states: Israel and the Arab monarchies of the Persian Gulf – all bristling with weapons of mass destruction. Recent naval exercises by Iran in the Strait of Hormuz have also displayed a fierce arsenal of missiles and military capability, and Iran has strategic alliances with Russia and China, both of whom will not stand idly by if their Persian partner is attacked.
As we have consistently analysed on Global Research, the conflict between the US-led powers and Iran has wider ramifications. It is part and parcel of Washington’s bid to engineer the social and political upheavals across the Arab World in order to redraw the region in its strategic interests. It is no coincidence that fresh from NATO’s conquest of and regime change in Libya, the focus has quickly shifted to Syria – a key regional ally of Iran. As Michel Chossudovsky has pointed out “the road to Tehran goes through to Damascus”. Regime change in Syria would serve to isolate Iran. Subjugating Iran and returning it to Western tutelage is the prize that Washington and its allies have been seeking for the past 33 years ever since their client the Shah, Mohammad Rezā Pahlavi, was deposed by the Islamic Revolution in 1979.
Iran is an energy-rich colossus, with oil and, more importantly, natural gas reserves that put it, with approximately 10% of global reserves, in the world’s top three oil economies alongside Washington’s client states of Saudi Arabia and Iraq. In sharp contrast, the US has less than 2% of global oil reserves.
The conquest of Iran's oil riches is the driving force behind America's military agenda.