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Iran Influences Oil Prices Through OPEC
 

gas prices iran opec gasoline oil8/3/2011 - Commander of Iran's Revolutionary Guard becomes new president of OPEC. Iran now has a crucial role in determining oil prices. Rostam Ghasemi joins Ahmadinejad cabinet as oil minister, automatically making him head of global oil organization while Iran is still targeted by international sanctions

Rostam Ghasemi, head of the Khatam al-Anbia military and industrial base, was one of four ministers nominated by president Mahmoud Ahmadinejad to join his cabinetand approved by Iran's conservative-dominated parliament.

Ghasemi is currently subject to US, EU and Australian sanctions and his assets have been blacklisted by US Treasury and western powers. He took 216 votes from the 246 deputies present in the 290-seat parliament.

Iranian state media interpreted the vote as a reaction by Iran's parliament to international sanctions against the country, especially those which have targeted the revolutionary guards and the country's nuclear program.

"The clever and decisive vote of Iranian MPs for engineer Ghasemi to become the oil minister is a meaningful and crucial response to the attacks against the guards from the west's media empire," said Ramedan Sharif, the head of the revolutionary guards public relations' unit, in quotes carried by Iran's semi-official Fars news agency.

In a parliamentary debate before the vote, however, Ali Motahari, a prominent conservative MP who has previously threatened to impeach Ahmadinejad, spoke out against the involvement of the revolutionary guards in Iran's politics.

"The integration of the guard, as a military force, in political and economic power is not in the interests of the system," Motahari told the parliament. "In neighboring countries, military officials are distancing themselves from politics and power, while it's the opposite in Iran."

As its second-largest crude oil exporter, Iran took the presidency of Opec after 36 years last October and Ghasemi's position will give the revolutionary guards a unique opportunity to influence an international organisation.

This article was published in guardian.co.uk

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