In a recent public address on October 4, Iran’s Supreme Leader Ayatollah Ali Khamenei highlighted for the first time what he described as U.S. and Israeli plans to control the region’s natural resources. He stated that Israel’s current war campaign aims to position Israel as a hub for exporting energy to Europe and importing technology to ensure its survival. Khamenei called for resistance against the so-called India-Middle East-Europe Economic Corridor (IMEC), a proposed land bridge connecting India, Saudi, the UAE, Jordan, Israel, and Europe.
Days after his call, the Iranian parliament discussed introducing a bill for a defensive alliance with the countries belonging to the “Axis of Resistance.” Khamenei further elaborated on this vision on October 27, calling for the establishment of “a global political and economic alliance, and if necessary a military one” to confront Israel and stop its ongoing crimes against the peoples of the region. This signals a clash of markets might be the next phase of the war. At the heart of this clash is the conflict over dominance in regional and global supply chains. ….more
