After all the talk we've heard in recent years about how depressed oil prices are now permanent, in the wake of Trump's announced withdrawal from the Iran nuclear deal Bank of America is predicting that the price of Brent crude could go as high as the once-dreaded $100 per barrel in 2019. The report also cited collapsing production in Venezuela due to the crisis there. Brent prices have risen above $77 per barrel since Trump's announcement. Prices have jumped more than 8% over the past month and 15% since the beginning of the year. According to the analysis, investors fear that renewed sanctions on Iran could lead to supply disruptions. (CNNMoney, May 10) Although the report failed to mention it, the Israeli air-strikes on Iranian targets in Syria have doubtless contributed to the jitters.
Abdul-Al Duraqi, a poet and activist from the Ahwazi Arab minority in Iran, arrested during the most recent protests in the city of Ahwaz (Khuzestan province), has been hospitalized after torture sessions at the hands of his interrogators. Family members told the Ahwaz Human Rights Organization (AHRO) that Duraqi was transferred to Ahwaz's Sepidar hospital on April 7 due to deterioration in his physical condition after severe torture in the Ahwaz intelligence center. Duraqi is revered in his community for keeping alive an Ahwazi literary tradition in the Arabic language. Protests in Ahwaz were sparked in mid-March following the controversial exclusion of the Ahwazi Arab ethnicity in a children's program aired by the Islamic Republic of Iran Broadcasting Corporation. The program included a boy placing dolls dressed in the traditional garb of different ethnicities in their designated regions on a map of Iran—but there was no doll representing the 8 million Ahwazi Arabs. Nearly 400 have been arrested in protests over the past month. AHRO charges that the detained are being denied their due process rights. (UNPO, April 12; UNPO, March 29; AHRO, April 9)
ISIS claimed responsibility for simultaneous attacks on Iran's Majlis (parliament) and the mausoleum of Ayatollah Khomeini on June 7, through a statement from the official Islamic State news agency Amaq. At least 12 are reported dead at the Majlis, and several wounded at the mausoleum. Reports indicate four gunmen, disguised as women, entered the visitors' hall of the Majlis building and opened fire, while a suicide-bomber pre-positioned inside the building blew himself up. Two other suicide-bombers meanwhile detonated at the Khomeini shrine. Iran's powerful Revolutionary Guards accused Saudi Arabia and the US of being behind the attacks. "This terrorist action, coming one week after the meeting of the president of the United States with the leader of one of the region's reactionary governments...shows they are involved in this savage action," it said in a statement.