Oil embargo only hurts the people

Regardless of which side is the first to stop the oil trading, it will be the people of Iran who suffer rather than the country's nuclear programme, the liberal business paper Financial Times Deutschland points out: "As soon as the government lacks part of its oil revenues, there will be cuts in every sector. Not only teachers, doctors and the public sector are paid from the state treasury: a large part of the Iranian economy is comprised of state enterprises, meaning their employees will also no longer be able to count on regular pay cheques. … Iraq has also survived sanctions for years without the regime buckling under the pressure. A whole generation of Iraqis grew up undernourished and poorly cared for. If the decision makers in Berlin, Brussels and Washington see no alternative to imposing strict sanctions on Iran, they should at least be honest and not deny the consequences. The price will be paid by the Iranian people."

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