Reacting to reports that Donald Trump has given the okay from Iran to start selling oil to the United States, handing the extremist leadership an immediate source of billions of dollars, MS NOW host Stephanie Ruhle admitted she was dumbfounded.
On her “Money Power Politics” morning show, Ruhle, a former Wall Street executive, reported, “We learned the administration will allow Iran to sell their oil for US dollars. Why is this a big deal? It is a decision that upends decades of US policy that was meant to make it harder for them to develop their nuclear program.”
“Well, now it’s on,” she pronounced. “It can export oil to the open market and this time be paid in dollars. According to [Wall Street analyst] Steve Ratner, that could bring in as much as 10 billion bucks for Iran in the next 60 days and, granted it is only 60 days. But do we really believe that these negotiations are going to be done by then, or are they going to be extended? I sure think they are. So the administration is giving Iran one of the things that it has desperately wanted for years and years before Iran has delivered on the number one goal the United States had going into the war: ending its nuclear weapons program.”
Introducing her guests, analysts Ron Insana and RiskReversal Advisors executive Dan Nathan, she prompted them with, “I want to talk about who benefits from this move? First, what are like — it blows my mind that we would offer such a concession.”
“Well, yeah, and Stephanie, if there’s also an unfreezing of assets, the total somewhere in the neighborhood $12 to 24 billion in round benefits distinctly by this,” Insana replied. And there are some military analysts and others who are concerned that Iran will use this to reconstitute its military force, build more missiles, build more drones and maybe even maintain a certain portion of its nuclear program going forward.”
“So they’re the direct beneficiary of this,” he continued before adding, “We are not in any way, shape or form.”
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