Kristian Rouz — Premonition of War: Japan Backs US Plan to Curb N Korea’s Oil Imports

Summary:
The US Treasury’s proposal to target North Korea’s oil imports is very similar in spirit to the oil embargo that the US slapped on Imperial Japan in 1941 which triggered the attack on Pearl Harbor, thus bringing the prospect of a full-scale military conflict closer. US Treasury Secretary Steven Mnuchin's proposal last week to target North Korea's oil imports via a new round of sanctions bears a striking resemblance to a similar move which led to full-scale US involvement in WWII almost eighty years ago. The US oil embargo against Imperial Japan in 1941, which relied heavily on imported fuel, led to the tragic events of Pearl Harbor. The current prospect of an oil embargoagainst North Korea, which is also heavily dependent on the imported oil, brings war closer....  History repeating or

Topics:
Mike Norman considers the following as important: Japan, North Korea, oil embargo

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