Russian analyst: oil ban on Iran, already failed

Head of Russian Strategic Research Center for Contemporary Religions and Politics Maxim Shochenko said on Saturday US and EU policy of banning Iranian oil is an already failed project. He told IRNA that Iran is cooperating with different countries in this field with many states eying Iranian oil; therefore the US politically-motivated move would bear no fruits for America. Shochenko said Western powers cannot understand the realities in Iran as a energy rich country just because of their animosity with the Islamic Republic. He described economic sanctions and oil embargo against Iran as a failed project and said China, India, Turkey and Japan are the main buyers of Iranian crudel, hence Washington cannot continue its failed policy against Iran. The analyst said Iran is an independent country and its reputation has angered the US and EU nervous, so they embark on any action against Iran to defeat it.