Like the whole world, Via Meadia has been following the news from Iran, trying to get a sense of its intentions. That’s been tough even by normal Iranian standards. One day, they vow to close the Strait of Hormuz; another, they invite the IAEA for talks. One day, they denounce the West and all its works; another, they send a letter offering dialogue. They cry defiance at the growing sanctions facing them—and cut off oil to the Europeans before sanctons start to bite.Unfortunately, there’s a little more clarity this week. The IAEA inspectors returned from their visit to Iran and said no progress had been made.
The IAEA said that in two rounds of discussions held in recent weeks, it had requested access to a military site at Parchin where the UN watchdog suspects that work to design a nuclear warhead has been undertaken. “Iran did not grant permission for this visit to take place,” the IAEA said on Wednesday morning.
So now we know. They have made the decision to go on concealing their activities from the inspectors. Iranian officials refused to allow IAEA inspectors access to a number of nuclear facilities. Why? Diplomats from abroad accuse Iran of using these facilities in a weapons program. If they aren’t, they could prove it.The oil markets aren’t going to like this. And neither does Via Meadia.